​Acquisition of ServiceTick Limited by Davies Group

Deal typeTransaction Services
IndustryFinancial Services

Since 2015, BDO has assisted Davies Group, the insurance claims service provider, providing due diligence services in their acquisitions of seven businesses, being:

  • MFS, a leading specialist motor claims business;
  • Argent, a property adjusters business;
  • Surveyorship Limited, a provider of basic hire rate evidence;
  • Core Insurance Services Limited, a claims handling business;
  • Cynergie UK Limited, a resourcing company;
  • CMSL, a specialist casualty claims third party administrator; and
  • ServiceTick Limited, a customer experience and analytics business.

"The team at BDO have assisted us with a range of transactions from small bolt on deals to larger corporate carve outs. We have a very strong partnership with BDO and find their approach professional yet flexible which is important given the range of transactions we get involved in. The final product is always of a high standard and delivered efficiently in order to help us close the transaction as quickly as possible."

Matthew Button, M&A Director, Davies Group