Yorkshire-based Marshall Wooldridge is back on the acquisition trail, today revealing that it completed a deal for Goldthorpe Insurance Brokers at the turn of the year.
Goldthorpe, based in Rotherham, is a family-owned business, led by Steven Garlick who founded the business more than 30 years ago.
“Marshall Wooldridge are a big Yorkshire broker, but Geoff (Kirk, Marshall Wooldridge managing director) and the team understand the value of community presence, as well as the strength of our being a family business,” Garlick said.
“It was clear during our discussions that Marshall Wooldridge is the best possible custodians of Goldthorpe, enabling us to continue to play to our local strengths, but providing the additional product, service and regulatory support we need to offer our existing and future clients high-quality insurance.”
Kirk himself noted that the business was a “good fit”, especially given its strong local presence.
“We will retain the Goldthorpe brand and office, and I’m confident that with the added support from Marshall Wooldridge and our parent GRP, the team will have the opportunity to accelerate their growth in Rotherham and the rest of South Yorkshire,” he said. He went on to add that he remained keen to talk to further brokerage owners with more deals planned this year.
Garlick’s wife Julia, along with son and daughter David and Helen are set to continue, alongside the rest of the team, under the new ownership.