Harrell's incubator buys stakes in two firms with Rcapital
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Harrell's incubator buys stakes in two firms with Rcapital

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Private equity investor Rcapital Partners is to acquire a majority stake in UK General Insurance (UKG) and Precision Partnership Limited (PPL), with Montague Investment Group taking a minority stake.

Founded by former Willis Re Specialty COO Donald Harrell, as revealed by this publication, Montague Risk Partners – launched in December of last year – provides private investment into insurance MGAs and other insurance-related businesses.

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