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The Clear Group acquires GSI Commercial Services

The Clear Group acquires GSI Commercial Services

The Clear Group today announces the acquisition of GSI Commercial Services.  This latest deal represents the 35th acquisition made by CLEAR since it was established in 2001.  It is also the first deal to complete since CLEAR attracted new investment from Goldman Sachs last month as part of its refinance plan.

Continuing The Clear Group's growth strategy

The GSI team, including partners David Bramley-Harker and Terry Charlesworth, will now work closely with colleagues across the Clear Group to drive business growth and opportunities.  The team of nine, currently based in Rochester, Kent, will move to Clear offices located in Maidstone next year.  The business handles in excess of £5.5m GWP.

Established in 1995, GSI Commercial Services is an independent Insurance broker with particular strength in several areas of insurance.  These include motor fleet, commercial combined, commercial liability and property protection.

Mike Edgeley, Group CEO of the Clear Group said: “GSI Commercial Services is another great fit for our business which strengthens our presence across the South East. David, Terry and the GSI team will certainly enhance and grow our capabilities and help us deliver on our ambitious plans.”

David Bramley-Harker of GSI Commercial Services said: “We feel very confident about the future of our business now that we have joined forces with the Clear Group.  Clear’s distinctive culture along with an exciting growth plan ensures that our staff and clients will be in safe hands moving forward."

 

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