Connect with us

Hi, what are you looking for?

Loan And Finance

GRP’s County Group in third deal of 2022 with acquisition of Marsh and Co

acquisition 10 27

County Group, part of Global Risk Partners, has continued to ramp up its deal flow during 2022 following the announcement that it is acquiring the business and assets of Marsh & Co (Marsh), and Ginger Markets, an MGA set up by Marsh.

The deal follows two recent acquisitions, PG Insurance (in March) and Archenfield (in April). Both those deals were Wales-based businesses.

Marsh is based in Leicester, with a branch office in Weston-super-Mare, underlining County Group’s broad footprint across the UK.   

Rob Marsh and Alan Marsh started Marsh & Co in 1995. The business has a significant book of commercial insurance including leisure and associated personal lines.  MGA Ginger Markets, which specialises in marquee and glamping insurance, was set up by Marsh to provide an in-house facility for brokers.

Alastair Christopherson, County Group CEO, described Marsh as a ‘dynamic family-owned broker with plenty of experience and a hunger to expand.’

He added: “Rob and his team are community brokers par excellence, now seeking to introduce a step-change in business growth under the umbrella of County Group and GRP.”

“These well-run brokerages are hugely valuable assets and it’s great news that they have chosen to put their future with County Group.”

Advertisement. Scroll to continue reading.

“We have enjoyed a fast start to the year, having completed three deals, but we are actively looking for more opportunities and remain keen to talk to vendors seeking to take some value from their life’s work, and/or move to the next stage in their development.”

Rob Marsh said: “When I first sat down to talk to Alastair about becoming part of County it became clear that they will prove excellent custodians for our business, our people and our clients.”

“We are all very excited about the move across and the opportunities that await us as part of a larger family, and all our people are moving across to be part of the new arrangements.”

Rob said the business will continue to trade under the Marsh brand from both offices and “the whole team are looking forward to further growing the business with County and GRP.”

The acquisition completes with immediate effect and the consideration is undisclosed.

Source link

Advertisement. Scroll to continue reading.
Click to comment

Leave a Reply


Top Stories

FTX founder Sam Bankman-Fried and Alameda Ventures made recent headlines for bailing out a handful of CeFi crypto platforms this week, but what exactly...

Top Stories

Although Bitcoin is struggling to form a bottom, altcoins are on a roll and the current price action could benefit UNI, XLM, THETA and...

Top Stories

Ethereum’s native token Ether (ETH) has declined by more than 35% against Bitcoin (BTC) since December 2021 with a potential to decline further in...

Top Stories

The company enables artists and collectors to create, purchase and resell NFTs via blockchain-enabled transactions. Source link


Interested in learning what’s next for the gaming industry? Join gaming executives to discuss emerging parts of the industry this October at GamesBeat Summit...

Top Stories

Bitcoin (BTC) made the most of weekend volatility on June 26 as a squeeze saw BTC/USD reach its highest in over a week. BTC/USD...


You May Also Like


Introductions get a lot of attention. I’ve explored the topic of how to write them even though as a reader, I always skip them....

Online Business Success

The internet is now our nervous system. We are constantly streaming and buying and watching and liking, our brains locked into the global information...

SEO Guide

There are all kinds of pictures of the world on the internet, but to find one of these specific pictures that you want to...

Online Business Success

You can think of link building in many ways. I like to call it tedious, painful, and a test of patience. It’s also necessary...