Tue, 30 Sep 2025 | BUSINESS SALE
Acquisitive insurance broker JMG Group has continued its M&A-led regional expansion with the takeover of three established brokers based in the West Midlands, the Lake District and Scotland. Following the acquisitions, all three firms will continue under their existing leadership.
In Solihull, West Midlands, the group has acquired Boston Insurance Brokers, which was founded by Gary Boston in 1994. Now led by his son Rob Boston, the acquisition brings an additional six experienced colleagues into the group, along with significant construction sector knowledge.
Hayton Insurance Brokers, an insurance broker based in Kendal, has been acquired by JM Glendinning Insurance Brokers North West, part of the JMG Group. Following the acquisition, founder Neil Hayton (pictured above, left, with JMG Group's Matt Stuttard) joins JM Glendinning Insurance Brokers North West’s 10-strong team, bringing 27 years of insurance industry experience, along with extensive knowledge of the regional market and a reputation for excellent client service.
The group has already invested in new premises in Kendal, providing space for expansion, with the business planning to recruit additional experienced insurance professionals from the region.
Saying there was “huge opportunity” for growth in the area, Neil Hayton commented: “I was attracted to become part of JM Glendinning because of our shared values of delivering outstanding client service and, with the group-wide support, I am confident that clients will quickly see the added benefits of the move”
Matthew Stuttard, MD of JM Glendinning Insurance Brokers North West, added: “This acquisition shows our commitment to growing our presence in Cumbria and the Lake District. We’re ambitious and enthusiastic about the opportunity here and know that Neil is keen to help us realise our goals.”
“We’ve already invested in new premises, where Hayton will now be based, which gives us the capacity to bring additional experienced colleagues into the business to help strengthen our proposition, and make us the broker and employer of choice in this area.”
Scottish subsidiary GS Group, meanwhile, has swooped for Edinburgh-based Gateway Insurance Services. Founded in 2015 by MD Gareth McCallum, Gateway provides GS Group with its first base in Edinburgh, whilst bolstering Gateway's presence in Glasgow and Fife, where it serves a range of SME and personal clients from sectors including construction and hospitality.
The acquisitions reflect JMG Group’s broader strategy of acquiring respected independent brokers, providing strong local businesses with the support and infrastructure they need to help them flourish.
Nick Houghton, JMG Group CEO, said: “We’re investing in great businesses with great people and these are no exception. They will continue under their existing leadership and retain their regional identities, ensuring business continuity for clients, while benefiting from our enhanced trading capabilities, market access and investment that comes with being part of a larger group.”
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