BMS Group has completed the acquisition of UK broker David Roberts and Partners.

DR&P chief executive, John Page and managing director, Simon Bland, continue in their roles, with Page now reporting to Nick Cook, CEO of BMS Group and joining the group executive committee. DR&P and its subsidiary companies will continue to operate under their existing brands.

The transaction marks BMS’s largest acquisition to date and creates a business managing more than £8bn of GWP.

Cook said: “We are delighted to officially welcome DR&P to the BMS Group. The period leading up to the closure has demonstrated how culturally aligned both businesses are, which is the key consideration in our M&A strategy. We now look forward to the next phase, combining the expertise of both businesses and working collaboratively to enhance client service across territories and specialisms. John, Simon and I have ambitious plans to deliver our shared vision ensuring our people, clients and partners reap the benefits of this relationship.”

Page added: “Today marks a significant step for DR&P. We can now access new opportunities as part of a successful, independent global broking group. Our focus going forward will be on executing a transition strategy that continues to put client outcomes at the forefront of everything that we do.”

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