BMS, the London-based completely impartial specialist insurance and reinsurance dealer, announced the acquisition of SRG Community, the Australian corporate retail dealer with operations in Perth and Queensland.
Based in 2005, SRG is a damaged-down, multi-award winning insurance brokerage that gives fine quality brokerage products and companies to many consumers in Australia. BMS has received SRG in pudgy, with group transferring to BMS. The acquisition complements BMS’ gift operations across Australia and brings further scale.
Financial details of the acquisition weren’t disclosed.
“We are very chuffed to welcome the SRG group to BMS. Now we maintain valuable development ambitions in Australia and would possibly per chance well aloof proceed to lengthen our operations within the short and medium term with further folks, groups and businesses that lift expertise and shared values,” commented Andrew Godden, chief executive of BMS’ Australian industrial.
“Here is the seventh acquisition made by BMS within the past two years, further accelerating the growth of our international network. SRG brings further energy to our operations in Western Australia and balances our gift solid eastern presence,” stated Slice Cook dinner, CEO of BMS.
“SRG’s values align completely with these of BMS with nice emphasis positioned on the official and deepest model of folks which ends in a solid consumer-focused ethos and a spirit of frequent cause. I am very chuffed to welcome our unique colleagues to the global BMS group,” Cook dinner added.
“Our decision to partner with BMS stems from the lumber alignment between our two cultures and shared ambition that is so well-known to success on this market. We are enraged by the different that being portion of BMS brings,” based completely on Rod Fitzgerald, managing director SRG.
Offer: BMS
Topics
Mergers & Acquisitions
Agencies
Australia
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