Oval makes 25th acquisition

Oval has announced its 25th acquisition with the purchase of Bristol-based Tett Hamilton.

Tett Hamilton employees over 45 staff in two offices based south of Bristol and has a turnover of £2.6 million.

Nic Hamblin, Oval’s Regional Managing Director for the South West said: “Tett Hamilton is a firm of exceptionally high quality that has developed close, longstanding relationships with its clients; for these reasons we are very pleased to welcome the firm into the Oval stable.”

Andrew Tett formerly the director of Tett Hamilton will remain with the business to drive growth in Oval’s South West region.

Tett said: “Tett Hamilton prides itself on providing high quality, professional advice and strong client care and chose to accept Oval’s offer because Oval clearly shares these values. The insurance and financial market is changing and being part of the Oval group will provide security for clients and staff while allowing us to keep to the same values and standards we have always maintained.”

Hamblin added: “We are delighted that Tett Hamilton has become part of the Oval South West region. This acquisition demonstrates Oval’s commitment to further growth in this region and to the continued plan to develop both our broking and financial services businesses.”