Chase Templeton swallows southern rival
PRIVATE medical insurance specialist Chase Templeton has completed its fourth acquisition this year by snapping up £3.1m turnover rival Best Go Private.
The deal follows hard on the heels of purchases by the Darwen, Lancashire-based firm of Medins Group, Get Private and Medical Insurance in deals which have brought some £12.4m into the business.
Hertfordshire-headquartered Best Go Private was founded in 2010 by former Association of Medical Insurers & Intermediaries Association (AMII) treasurer, Graeme Godfrey and his wife Lucy.
The firm’s client’s base includes nearly 250 SMEs and 550 individual policyholders.
Chase Templeton’s mergers and acquisitions director Jeff Tate said: “Graeme is particularly well known and respected in the industry, not least for his active participation on the AMII executive committee.
“In Best Go Private he built and led an exceptional, service led company which offers an excellent fit with our own business model.”
Godfrey said the sale allowed for full realisation of assets whilst protecting client interests.
Best Go Private’s corporate clients will be served from Chase Templeton’s SME Centre of Excellence based at its headquarters in Darwen. Individual client accounts will be administered by the equivalent Individuals centre at the company’s offices in Bridgwater, Somerset.
Founded in 2002 the Chase Templeyton now employs nearly 80 staff who serve in excess of 35,000 corporate and individual clients.
