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The fast growing intermediary’s deals team sealed a trio of purchases at the end of last week as the company continues to pursue its successful “buy and build” strategy. This saw it buying long established Bedfordshire consultancy Howill Group Ltd. – which traded as Medisearch Direct – Chelmsford’s Simply Assured Ltd. And Heath Assured (Scotland) Ltd of Stenhousemuir.


The acquisitions will boost both Chase Templeton’s Individuals business based in Bridgwater and its SME-focused Corporate operation which is housed at its headquarters in Blackburn. The company, which is backed by Manchester’s Palatine Private Equity and has a line of finance to fund acquisitions, has further deals pipelined as the company continues its consolidation of the market.


“Once again we identified intermediaries who were looking to realise the true value of their assets and whose operations offered an excellent fit with our own business and ambitions. Simply Assured and Health Assured both manage strong SME books whilst Medisearch Direct bring an excellent Individual client base to the party.”

Jeff Tate, Mergers and Acquisitions Director at Chase Templeton


The growth of Chase Templeton

The new acquisitions bring to 23 the number completed in 2014 and which have taken Chase Templeton’s annual premium income to well over £100m, with its turnover now well in excess of £13m. To manage integration of acquired businesses the company has increased its staff numbers to nearly 70 and has plans to recruit further this year.


“The investment we’re making is not just in cost of acquisition. We have established a model which requires us not only to acquire businesses but to put in place the staff, resources and processes to effectively service and retain their clients. That means in particular recruiting additional talented and dedicated employees.”

Chase Templeton’s Chief Executive Officer Warren Dickson

On all three deals Chase Templeton was advised by Manchester Law Firm Shoosmiths.