Capita buys specialist insurance business

Outsourcing specialist Capita has acquired Fish Administration from private equity firm Inflexion.

Outsourcing specialist Capita has acquired Fish Administration from private equity firm Inflexion.

Capita is acquiring the company for £21m cash on a cash free, debt free basis. The acquisition will add greater capacity and valuable new expertise to Capita's specialist insurance broking business, Capita said.

This story has been updated.

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