PSC Insurance Group Limited (ASX:PSI) entered into a binding agreement to acquire Alan Wilson Insurance Brokers Pty. Ltd for AUD 17.5 million on April 27, 2022. As per the terms of the transaction the entire consideration will be paid in cash, Alan Wilson and the wider AWIB team are continuing in the business and will continue to operate out of its existing premises. The completion is subject to a number of customary conditions, and the acquisition is expected to close by the end of May.