Arthur J. Gallagher & Co picks up Joseph Distel & Co

05 April 2016

Arthur J. Gallagher & Co., has picked up US-based wholesale transport insurance broker Joseph Distel & Co., for an undisclosed sum. The deal strengthens the firm’s whosesale insurance presence in the Northeast.

Joseph Distel & Co., founded in 1955, is a wholesale insurance broker located in Farmington, Connecticut. The wholesale broker, which operates across the Northeast, provides independent insurance agents and broker clients with specialty insurance products and services, including excess and surplus, property/casualty and professional business liability. The broker, operated by Ken Distel, is specialised in the transportation industry.

Arthur J. Gallagher & Co picks up Joseph Distel & Co

It was recently announced that Joseph Distel & Co. has been acquired by Arthur J. Gallagher & Co. for an undisclosed sum. The deal will strengthens Gallagher’s wholesale footprint in the Northeast, boosting its capabilities with more than 60 years of specialty product knowledge – which, according to the firm, enables them to handle and match hard to place risks with the appropriate premium. Distel and his associates will continue to operate from Farmington, under Joel Cavaness, President of Risk Placement Services (a subsidiary of Gallagher).

J. Patrick Gallagher, Jr., President and CEO adds that, "Their expertise will be a wonderful complement to our expanding wholesale network, and we are extremely pleased to welcome Ken and his colleagues to our growing Risk Placement Services' family of professionals."

The deal continues Gallagher’s strategy of inorganic growth in the US.


SQW Group purchases property-based regeneration consultancy

19 April 2019

UK consulting firm SQW Group has completed its first acquisition since it completed a management buyout in January 2019. BBP Regeneration joins the company having collaborated with SQW for more than 20 years.

Established in 1983, SQW Group now operates all over the world. Comprising SQW, Oxford Innovation, Oxford Innovation Services – one of the UK’s leading innovation centre operators – and Oxford Investment Opportunities Network, the organisation’s origins can be traced to Britain’s two ancient university cities: Oxford, through Oxford Trust founders, Martin and Audrey Wood, and Cambridge, through SQW’s work in producing The Cambridge Phenomenon.

The consultancy specialises in public policy, working with entities from the public, private and voluntary sectors to research, develop, implement and evaluate social and economic development interventions. It now employs over 250 people across regional offices in London, Oxford and Edinburgh, and provides business support to over 4,000 entrepreneurs and small businesses each year. At the start of 2019, SQW secured its independence in a management buyout, advised on by M&A experts from Liberty Corporate Finance and Penningtons Manches.

SQW Group purchases property-based regeneration consultancy

SQW has strengthened its position as a provider of services across the business spectrum with the acquisition of BBP Regeneration. Founded in 1994, the consulting firm specialises in land and property-based regeneration and growth schemes, and is a leading social and economic development consultancy. 

The two firms first worked together over 20 years ago, when SQW and BBP collaborated to develop the first Regional Economic Strategy for the South East. More recently, they developed an economic strategy for Thanet and are now working together in locations stretching from Cwmbran via Oxfordshire to London.

With the addition of BBP, SQW can now provide an integrated advisory service for organisations developing property schemes which deliver economic benefit to their local area. By joining SQW, meanwhile, BBP hopes to further enhance its ability to support clients in delivering property and place-making ambitions. 

Speaking about the deal, SQW CEO David Crichton-Miller commented, “The UK more than ever needs solutions to the challenges of places – of high streets under threat, of meeting housing delivery targets, and of both economically over-successful and economically challenged towns and cities – and the combination of SQW and BBP is uniquely suited to developing those solutions. [This deal] brings together critical and complementary services relating to places to serve our clients with leading edge and practical advice.”

Andy Smith, Director of BBP Regeneration, added, “SQW shares with BBP the same values of seeking to provide outstanding, practical, real world advice that helps get buildings built and places developed.  We greatly look forward to the opportunities that come from joining our two organisations together.”