Goldman Sachs Asset Management Acquires Clear Group from ECI Partners
June 27, 2022
Goldman Sachs Asset Management’s private equity business has agreed to acquire Chartered insurance broker Clear Group from ECI Partners, subject to regulatory approval. Clear Group, which has grown via 10 acquisitions under ECI and now employs over 600 people across 15 locations while handling over £330m of premiums, will be backed by Goldman Sachs to continue its M&A-driven scaling strategy.
- Buyers
- Goldman Sachs Asset Management (Private Equity business)
- Targets
- Clear Group
- Sellers
- ECI Partners
- Industry
- Insurance
- Location
- England, United Kingdom
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Clear Insurance (ECI-backed) Acquires Morrison Insurance Solutions
September 13, 2019
Insurance
ECI-backed Clear Insurance (The Clear Group) has acquired Morrison Insurance Solutions, a Warwickshire-based specialist broker founded in 1989. The deal brings Morrison’s management and team into Clear while strengthening Clear’s offering in the property, construction and property-owners insurance markets as part of its roll-up strategy supported by ECI Partners.
-
Clear Group Acquires Centor Insurance & Risk Management
July 6, 2022
Insurance
Clear Group has acquired Centor Insurance & Risk Management, a commercial insurance broker based in the City of London. The deal is an add-on to Clear's broker roll-up (backed by ECI Partners), expanding Clear's commercial capabilities and increasing its gross written premiums and presence in the London market.
-
Clear Group Acquires Light & Legal Indemnity Solutions
February 13, 2020
Insurance
Clear Group (Clear Insurance Management), backed by PE partner ECI, has acquired Light & Legal Indemnity Solutions, a specialist broker for Rights of Light and legal indemnity insurance. The bolt-on adds Dean Perkin’s specialist team to Clear’s Rights of Light and Legal Indemnities capability to deepen the group’s property and construction insurance offering for developers, investors and other professionals.
-
Gemspring Capital Acquires ClearCompany
September 20, 2023
Cloud & SaaS
Gemspring Capital Management (through an affiliate) has acquired a majority interest in ClearCompany Holdings, Inc., a provider of talent management / human capital management (HCM) software. Financial terms were not disclosed; Gemspring said it will partner with ClearCompany's management to expand the customer base, enhance product offerings, and accelerate growth.
-
Goldman Sachs Acquires NN Investment Partners from NN Group
August 19, 2021
Financial Services
The Goldman Sachs Group agreed to acquire NN Investment Partners from NN Group for approximately €1.6–1.7 billion, with the deal completing in April 2022. The acquisition integrates NN Investment Partners' ~900 employees and ~$340–355 billion in assets under management into Goldman Sachs Asset Management to strengthen its European footprint, ESG capabilities and insurance asset management franchise.
-
Clear Group Acquires Phelan Caswell Insurances
February 6, 2025
Insurance
Clear Group has acquired Dublin-based broker Phelan Caswell Insurances Ltd, including the business’s financial planning assets. The deal expands Clear’s presence in Ireland and brings Phelan Caswell’s management team and approximately 18 staff into the Clear organisation to support further growth across commercial insurance and financial planning sectors.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.