GRP’s County Group in third deal of the year with acquisition of Marsh and Co.
County Group 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.”
“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.”