Miles Smith owner SRG planning several more deals this year
Exclusive: Group CEO Warren Downey, who joined from JLT last year, outlined the firm's M&A plans.
Specialist Risk Group (SRG) expects to close three to four acquisitions this year, group CEO Warren Downey has told Insurance Age.
“I’d be really disappointed if we didn’t do three or four acquisitions this year,” stated Downey. “I’d be disappointed if we weren’t announcing one in the next month or two.”
The group was founded by private equity investor Pollen Street Capital when it acquired Miles Smith in December 2017.
SRG has since bought The Underwriting Exchange and London Ireland Market
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