Greenwood Moreland lands biggest deal since JMG Group-backed MBO
Greenwood Moreland has added to its presence in Scotland with the purchase of Glasgow-based Calcluth & Sangster Insurance Brokers.
Representing its largest acquisition since the JMG Group-backed management buyout in April 2022, the deal will add £6m of GWP to the Greenwood Moreland business. It will also see the existing Calcluth & Sangster team move over to Greenwood Moreland and both companies will trade as Greenwood Moreland as part of JMG Group.
At the beginning of the year, Greenwood Moreland added T I Alexander Insurance Brokers in Bo’ness to its stable.
Calcluth & Sangster Insurance Brokers was established in 1977
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