Leeds-based Marshall Wooldridge has today announced its sixth acquisition since becoming part of Global Risk Partners (GRP) just six years ago.
According to Insurance business news, the broker swooped on Insurefirst Limited, trading as Bush & Associates (Bush) for an undisclosed sum.
Bush, which is based between Brighouse and Huddersfield, Bush & Associates are ideally situated in the heart of West Yorkshire, was founded in 2000 and in 2015 became a limited company, under the name of InsureFirst. The management team and all employees will all be retained say the new owners.
Commenting on the acquisition, Geoff Kirk, MD of Marshall Wooldridge, said: “Wayne and his team run a high-class regional brokerage and I’m really pleased they’ve chosen to join us for the next stage of their development.”
He added that the business is a great fit with Marshall Wooldridge’s portfolio in Yorkshire and that he is confident that Bush will be in a strong position to expand its footprint with the support and help of the wider group.
Wayne Stevenson also commented on the deal and highlighted Marshall Wooldridge’s reputation for entrepreneurship and encouraging owner-managers to go for growth.
“We feel that Bush and its team are in safe hands under the GRP umbrella,” he said, “and we look forward to being able to offer our clients a broader range of products and services.”
