Loss adjuster Claims People Group has achieved a double first by announcing its first operating profit and a takeover with its half yearly results.
The Bristol-based company registered a 72% increase in turnover for the first six months of the year, allowing directors to post a profit of just over £5,000.
This announcement was followed by the news the company had agreed the takeover of CCS Global UK from Axis (Global) for a "maximum consideration" of £335,000.
Claims People Group chairman Barry Whyte said: "CCS is a traditional, more London market business whereas Claims People is a next generation business.
"The two should compliment each other well. They have a very different client base."
The takeover does not include CCS Global's international loss adjusting and claims consultancy.
