Tue, 29 Aug 2017 | BUSINESS SALE
Private medical insurance specialist Chase Templeton has finished five acquisitions in the space of just three weeks, under its new owner The Ardonagh Group.
Lancashire-based Chase Templeton joins Autonet, Price Forbes, Ryan Direct and Towergate to become part of The Ardonagh Group. And as part of its long-term “buy and build strategy” Chase Templeton's recent five purchases are adding consultant, broker and independent financial advisor books worth almost £6.3 million in annual premium income (API).
IFA Feast Noble and Co was the largest of these new acquisitions, adding £2 million in API. Chase Templeton has made over 80 business acquisitions since 2013, increasing its API to about £150 million from £90 million in the process. Having also doubled its employees in the same period, with over 120 staff based at its head office in Darwen, Lancashire and its office base in Bridgwater, Somerset.
“We have a proven formula which we have finessed over the years in order to secure maximum value from acquisitions,” said Chase Templeton's mergers & acquisitions director Jeff Tate.
“Now, as part of a wider and exceptionally well-resourced group, we are perfectly placed to execute further and bigger deals.”
Another two acquisitions at least are due to be finalised over the next six months, it is understood.
Find a business to buy here
This well-established company specialises in high-security transport services for government-linked projects, with a focus on passenger transportation for Home Office asylum accommodation sites.
This multidisciplinary engineering and environmental consultancy boasts a proven track record of over 20 years in delivering complex infrastructure projects across sectors like infrastructure, water resources, and maritime.
This is a rare opportunity to acquire an award-winning high-quality ice cream manufacturer with a recognised brand and a purpose-built factory.
Looking for more businesses? Try our off-market tool.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.