We’re delighted to announce the successful sale of award-winning Chartered Insurance Broker, Clear Group, today to the Private Equity business within Goldman Sachs Asset Management following a four-year partnership, subject to regulatory approval.
Clear Group is a broker focused on offering peace of mind to its clients and is driven by its values of putting customers in the hands of an expert they can rely on, someone they can build a relationship with, who cares and will do the right thing.
This culture has helped Clear Group to double in size consistently every 3 years, with an Excellent rating on Trustpilot, and its distinctive values have also helped to differentiate the business. Since our investment in 2018 the business has completed 10 acquisitions, and the business will look to continue to scale and add additional specialist solutions for its customers.
During our partnership, Clear Group has increased its headcount by 175%, now employing over 600 people across 15 locations. It has also trebled its premiums, today handling over £330m. This growth demonstrates the quality of the Clear Group platform and people.