The County Group acquires Thompson Brothers Ltd!
Expanding the branch network to 23 locations and 240 staff
The County Group are pleased to announce that we have acquired Thompson Brothers Insurance Consultants (trading as “Thompson Brothers”) on February 1st 2017.
The business was founded in 1972, located in Stockport, and has been successfully trading for nearly 45 years. Run by the two brothers Barry and Peter Thompson, Thompson Brothers is a £2.3m GWP insurance broker providing both personal lines and commercial insurance services.
Employing eight staff and very well known in the Stockport and South Manchester area, the company has approximately 2,500 clients. Thompson Brothers will continue trading in the same premises with the existing team, and will continue to trade using the existing brand.
Barry and Peter Thompson will both continue running the business post acquisition, as part of The County Group.
With the acquisition of Thompson Brothers, The County Group now controls GWP in excess of £65m.
Dave Clapp, CEO of The County Group commented:
“We are delighted to have purchased Thompson Brothers and to have extended our footprint in the Stockport and South Manchester area. The business has a great reputation and is well located within our geographical heartland of the North West”.
“I have personally known Barry and Peter for over 10 years and they are great guys, with a brilliant business and first class team. I was pleased when we started preliminary discussions to purchase the business as I was sure it would be a perfect fit for The County Group in terms of our strategy and client profile. It’s always a bit more comforting when you know people well and I have no doubt that we all have a shared ethos that will make the integration a smooth process.
“We were delighted to have contributed in small part to Barry’s amazing fund-raising efforts for The Christie cancer hospital where he has raised £270,000, which demonstrates the drive and energy both he and the team possess.”
“I’m pleased that both Barry and Peter will continue to run the business they have successfully built over many years, hopefully with The County Group adding some additional value with aspects such as marketing and access to a broader range of products.”
“I’d like to welcome them to The County Group and look forward to the continued success of Thompson Brothers, working closely together to grow the business further.”
Barry Thompson, joint owner of Thompson Brothers Ltd, adds:
“Peter and I, along with our team, have had a fantastic insurance broking journey thus far and are really excited in our next step by joining forces with The County Group.
“I can only see significant benefits for both our staff and our clients moving forward. We know the senior team at County very well and have mutual goals for the continued development of Thompson Brothers in both Stockport and also the surrounding areas”.
“These are exciting times in the next stage of our journey.”