Compliance Solutions is to begin an aggressive bid to consolidate the compliance consultancy sector.
Compliance Solutions managing director Gary Dixon said the company would aim to become the number one player in the market by the end of 2006.
"We have a £2m war chest," Dixon told Insurance Times. "We are ready to move forward, and I will make sure that it will happen."
Last month, the company bought out Cheshire-based compliance.co.uk, its most significant acquisition to date.
Dixon said it would announce a further acquisition in October and a third before Christmas.
"We will have an office in the Kent/London area before Christmas," Dixon said.
He said the company would grow its 13-strong compliance consultants to more than 20 by the end of the year.
It will also recruit two full-time research consultants to add to its existing three.
Investment will come from private capital providers.
Dixon added that the company will continue its buying spree into 2006 with the aim of becoming the "most significant player" in the market.
Growth will give the company access to new clients in both the Lloyd's and regional markets, he said.
"We will have a £2m turnover by the end of the year," Dixon predicted.
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