Leeds broker begins growth drive with Scarborough firm acquisition
Insurance specialist JM Glendinning has bought Scarborough firm Ridley Macmillan Insurance Brokers in the start of a growth drive.
Established in Scarborough over 20 years ago, Ridley Macmillan along with its clients and employees will become part of the Leeds-based firm, with managing director Julie Ridley transferring to JM Glendinning’s Scarborough office.
JM Glendinning managing director Nick Houghton commented: “ “Ridley Macmillan is a great fit for our group and we’re pleased to have them on board. It’s a smooth transition for the team and access to more products and services for the customers from the people they are used to dealing with.”
With offices across Yorkshire, North East and the Midlands, the deal marks the beginning of JM Glendinning’s plans to make further acquisitions.
Nick explained: “We’re particularly looking at small independently-owned firms with their finger on the pulse and with excellent connections in their local area, which is exactly what the Ridley Macmillan team has brought to the group.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
From economic engine to community ecosystem
Improving North East transport will improve lives
Unlocking investment potential before year end
Give us certainty to deliver better homes
Hormuz: Safe passage - not insurance - the issue
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people