JMG reaches ‘proud milestone’ in latest deal

An insurance group has reached a major acquisition milestone.

JMG Group, headquartered in Guiseley, has completed its 50th deal since a management buyout in 2020, taking on London-based Profile Insurance Services. 

Founded in 1997 by managing director Melanie Burns, Profile Insurance Services is known for relationships with high-net-worth and commercial clients across the UK.

Bosses say the deal highlights JMG Group’s strategy of backing well-run firms with strong values, supporting growth while allowing brokers to retain their autonomy.

Nick Houghton, chief executive of JMG Group, said: “Reaching our 50th acquisition is a proud milestone, but it’s never been solely about volume. 

“It’s about finding brilliant people and quality businesses that share our values. 

“Melanie and her team are experienced, loyal and deeply committed to their clients.

“They’ve built a stable, well-run business and bring a range of skills that will enhance our proposition. 

“We’re excited to support their next phase of growth.”

Melanie added: “It’s a ‘pinch me’ moment. 

“Everything we have built, the energy we have put into the business, the values we’ve protected, the relationships we have nurtured, have brought us to this point.

“Becoming part of the JMG Group allows us to grow with the support of a like-minded business that genuinely cares about its people, clients and future. 

“The move gives us consistency and backing to grow in a natural way.”

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