Seventeen Group have acquired four brokers across the UK in October:
UK & Global – A commercial broker owned by James Garrett. James will attach to the Chelmsford office of James Hallam plus retain an existing Cambridge office. Premium income £2M.
Brian Thompson Insurance Consultants (BTIC) – a Gosforth (Newcastle) based business employing 17 staff and controlling nearly £5M premium. Brian Thompson will continue to run the business with his team and Gosforth will become James Hallam’s ‘hub’ office for the North East. The business will operate under the BTIC brand.
Nelsons – a Kent based business run by Don and Susan Nelson.
Nairn – To complement our existing presence in the Highlands we are pleased to bring on board Lynne McSherry and her team based in Nairn. The business becomes the sixth James Hallam Scottish office.
Commenting on these deals, Seventeen Group Chief Executive Paul Anscombe adds:
“It has been an incredibly busy year for the Group in terms of acquisitions but this reflects the opportunity for us to expand our UK reach and to bring quality individuals into the team. Having a long term plan for Seventeen Group has certainly persuaded some vendors that we present a good home for their clients and staff. This can compare favourably to some alternatives which may take a small business in a totally different direction via subsequent transactions.”
End of Press Release
For more information contact:
Jackie Knight Group Marketing Director
T: 07824 486319
E: jackie.knight@seventeengroup.co.uk