Irevolution Group buys motor broker in fifth M&A deal

Manchester-based Irevolution Group has bought motor insurance broker BG Insurance, marking its fifth acquisition in the last three years.

Founded in 2013, Irevolution Group is the parent company of a number of organisations within the insurance sector, including insurance brokers, lead generation firms and call transfer specialists. Companies within its portfolio include Revolution, 1st UK Commercial and Policy Link.

Tunbridge Wells-based BG Insurance, the trading name of Barry Grainger Insurance, is a specialist motor broker providing insurance to taxi drivers, driving schools, motorhome owners and convicted drivers.

The acquisition forms part of deal that saw Irevolution Group expand its services from 12 October 2021.

‘In good hands’

Speaking on the acquisition, Mark Rigby, chief executive of Irevolution Group, said: “We’re always setting our sights on continuous growth, so this purchase has given us a great opportunity.

“BG Insurance gives us the expertise and knowledge in other areas of non-standard motor broking. This includes providing high quality services for taxis and driving schools.

“The feeling across the group is one of excitement. It’s always fantastic to be able to welcome new teams and introduce each other to new ways of working”

David Harvey, managing director of BG Insurance, added: “I’m happy to be able to pass BG Insurance to Irevolution Group. When the deal was agreed, I felt it was a great fit and best for the business.

“The team at Irevolution Group have a great vision for the future of BG Insurance and I am confident that it is in good hands.”