BC Partners Acquires Majority Stake in Davies

AIMCo Acquires Minority Stake in Davies Group from HGGC

January 23, 2019

Professional Services

Alberta Investment Management Corporation (AIMCo) agreed to buy a minority stake in London-based Davies Group from majority owner HGGC, with HGGC retaining majority ownership. The investment provides Davies with long-term institutional capital to support continued organic growth and expansion; the company has more than doubled revenues to $150 million and employs roughly 1,700 people across the UK, Ireland, Bermuda, the US and Canada.

Davies Acquires Keoghs

January 21, 2020

Professional Services

Davies, the London-based specialist professional services and technology group backed by HGGC and AIMCo, has acquired insurance law firm Keoghs from LDC. Keoghs will form a new Legal Solutions arm within Davies, adding roughly 1,700 colleagues and extending Davies’ end-to-end insurance services and claims capabilities; the transaction was announced with closing expected in Q1 2020 subject to regulatory approvals.

BCI and Preservation Capital Partners Invest in BMS Group at £500M Valuation

June 5, 2019

Insurance

British Columbia Investment Management Corporation (BCI) and Preservation Capital Partners (PCP) agreed to invest in UK-headquartered insurance broker BMS Group at a valuation of £500 million (USD 636 million). The transaction, expected to close in Q3 2019 subject to regulatory approvals, is a minority/growth investment that leaves BMS management and staff as significant shareholders and supports the firm's continued independent growth.

Brown & Brown Acquires BdB Limited Insurance Operating Companies

February 7, 2022

Insurance

Brown & Brown, Inc. has entered into an agreement to acquire the general insurance operating companies of BdB (including BdB (UK) Limited, BdB Europe SRL and affiliated Mithras entities). The BdB businesses — a specialist wholesale broker and MGA network operating in the UK and Europe — will continue to operate from locations in London, Belgium and Italy and will report into Brown & Brown’s Bridge Specialty Group.

Davies Acquires Premier Claims Management

December 19, 2024

Professional Services

Davies has acquired Premier Claims Management (PCM), a Santa Ana, California-based provider of professional and general liability claims services. The deal brings Marilyn Bonetati and more than 40 PCM colleagues (including 16 coverage attorneys) into Davies’ North American claims operations and strengthens Davies’ claims handling capabilities for the Lloyd’s market across the U.S. and parts of Canada.

BC Partners Acquires Majority Stake in PetLab Co.

February 26, 2025

Consumer Products

BC Partners has agreed to acquire a majority stake in PetLab Co., a London‑headquartered premium pet supplement brand founded in 2018; terms were not disclosed. The founders will retain a significant investment and BC Partners plans to support PetLab Co.'s next stage of growth by expanding product offerings and leveraging its pet‑care sector expertise.