Integro Acquires UK-Based Broker Doodson

International insurance brokerage and risk management firm Integro announced it has acquired Doodson Broking Group, a UK-based entertainment and sports specialist that also provides full service commercial and private client broking services.

Doodson was established in 1964 in Manchester. It also has UK offices in London and Halifax, and Austin, Texas in the US. Integro’s bulletin notes that it has “has achieved significant success with clients in the entertainment, live event and sports sectors in the UK and US, and also large corporate entities and high net worth private clients in the UK.”

Integro President and CEO Peter Garvey said: “Joining forces with Doodson enhances our reach and existing strengths in sports and entertainment, as well as our presence in UK retail broking.” With the addition of Doodson as well as the firm’s strong organic growth, Garvey noted, Integro’s annualized revenue surpasses $150 million.

“Strategically Doodson, along with earlier acquisitions Frost Specialty, a significant presence in entertainment coverage in the United States; and Allan, Chapman & James, a leading film and media insurance broker in the United Kingdom, solidifies Integro as a leader in entertainment and live event risk,” Garvey said.”

Integro said the “current Doodson management team, led by Neil Clayton with the support of James Dodds and David Leech in the UK, and Roger Sandau in the US, will remain in place.”

Managing Director Clayton said: “Partnering with Integro is great for Doodson clients and staff. The combined forces of the group will give us a great platform to continue to grow the business in the UK and internationally, especially in our key sectors. Integro has a culture and ethos completely aligned with Doodson’s, further strengthening the strategic fit.”

Source: Integro

Topics Mergers & Acquisitions USA Agencies