Clear buys Heath Crawford & Foster as MVP exits
Clear Group has bought 100% of Heath Crawford & Foster, adding £18m of gross written premium to the growing consolidator.
HCF had been backed by Minority Venture Partners – rebranded as The Broker Investment Group at the start of the year – since 2017 when it took a minority stake.
In the past three years, HCF has doubled in size. Director Paul Weinberg told Insurance Age in 2022 that the plan was to double again by 2027.
AcquisitionsThe growth has included a string of acquisitions.
Related Clear unveils 10% organic growth for 2022 and £51m broker buy costs Ataraxia and MVP rebrand as TheOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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