PIB reports 2020 adjusted Ebitda up 41% to £37.7mn
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PIB reports 2020 adjusted Ebitda up 41% to £37.7mn

Apax Partners-backed broker consolidator PIB has reported 2020 adjusted Ebitda of £37.7mn ($52mn), up 41% on 2019, after the intermediary firm made several acquisitions.

In results for the full year released today, PIB said revenue for the period was £151.5mn, up 23% on 2019’s figures, while the gross written premium handled by the business was £1.5bn,

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