Macclesfield broker makes acquisition after receiving six-figure investment

Delta Corporate Risk has acquired a book of clients from Colmore Insurance Brokers after receiving a six-figure investment.

Macclesfield-headquartered Delta Corporate Risk is looking to double in size over the next five years after securing funding from NPIF II – FW Capital Debt Finance, which is managed by FW Capital as part of the Northern Powerhouse Investment Fund II.

The broker said that its deal with Colmore Insurance formed part of its growth plans, with four new team members moving across to Delta Corporate Risk, including directors Andy Copeland and Andy Smallwood.

Justin Lawson, managing director at Delta Corporate Risk, said: “This client book acquisition fits exceptionally well with our national growth strategy and supports our ambitions to double in size over the next five years through further acquisition and organic expansion.

“The growth capital provided by FW Capital has been instrumental in helping us to accelerate this activity.

“It’s business as usual for the team at Colmore Insurance and their clients, who will continue to receive the same excellent standard of service, as we welcome them into Delta Corporate Risk.”

Adam Husband, senior investment executive at FW Capital, added: “Delta Corporate Risk is a fantastic business that is embarking on a new stage of growth, which they can pursue with confidence thanks to the funding provided. Lawson is the driving force behind the business and his hard work and experience is paying off with the latest expansion.

“The Colmore Insurance book of business complements Delta Corporate Risk perfectly, mirroring their clients and the type of sectors in which they operate.”