Greyfriars have acquired the independent financial services division of Chesham Insurance Brokers.
The move means the Leicestershire based wealth management specialists now add commercial and private insurance to their expanding range of services.
Gareth Roberts, Partner and Head of Advice at Greyfriars said: “Through this vertical integration, we have the ability to expand the proposition we offer to both corporate and private clients.
“We are thrilled that another high quality business has decided to provide their clients with Independent Financial Advice from Greyfriars.
“Greyfriars has established a prominent presence in the UK in the financial services sector, thanks to both the loyalty of its customers and the energy of its employees.
“The partnership enables us to increase our specialist areas and widen our client
proposition, setting the foundations for further expansion throughout the UK and internationally.
Recognised as one of the largest Independent Financial Advisers, Pension Trustees, Discretionary Fund Managers and Corporate Finance Organisations, Greyfriars now add access to commercial insurance to their list of key service areas.
Tom Bartleet, CEO of Chesham Insurance Brokers said “Our clients are increasingly looking for specialist independent financial advice from a trusted partner and we therefore wanted to build a solution that would cater for that demand
“This partnership gives us the resources and expertise we need to be able to build on our client services and add value to our current proposition.
“Finding the right partner to work with our firm was pivotal to the acquisition and we firmly believe that Greyfriars can provide the quality of advice and service we demand, given their trusted experience. We share the same ethos when it comes to putting the client at the centre of all we do.”
Chesham Insurance Brokers have over 40 years’ experience in the commercial and personal insurance sectors, serving clients throughout the UK.
Chesham’s core business is arranging commercial insurance for many different businesses, ranging from corporates to SMEs, across a broad range of industries.
Roberts added: “Best International Group of Companies are experts in peer-to-peer lending and leaders in capital raising, funding and asset management strategies for SME’s, raising over £60m alone last year specifically for corporate clients.
“There are therefore numerous synergies across the business, which proved highly attractive and the making of a successful acquisition.”