Knights has supported Woodgate & Clark Limited, part of the international insurance group Van Ameyde, on its acquisition of Quadra Claims Services, a leading loss adjusting and claims management business headquartered in Manchester.
Quadra was founded in 2010 and specialises in heritage and ecclesiastical buildings, high net worth losses and other property claims.
Van Ameyde is Europe’s leading claims outsourcing organisation, with a client base of major insurance providers, corporate risk managers and motor fleet managers.
Quadra Claims Services will become a wholly owned subsidiary of Woodgate & Clark, and join Van Ameyde’s expanding and fast-growing UK operations, which also comprises leading marine specialist McAusland & Turner.
Knights’ team comprised James Eveling and Emma Robinson. The deal is the latest corporate transaction handled by Knights for Van Ameyde, which has included transactions both in the UK and across Europe. Corporate finance support was provided by the Exeter office of advisory firm PKF Francis Clark.
James Eveling, lead advisor for Knights commented: “We are delighted to have supported Van Ameyde through another corporate acquisition, one of a number we have supported them on over the last few years. The acquisition is a great fit for Van Ameyde’s expansion and footprint in the UK market.”
Piet Middelkoop, CEO at Van Ameyde, said of the deal: “The acquisition is part of Van Ameyde’s strategy to expand its loss-adjusting and claims management business and confirms our commitment to the insurance claims market in the UK. In Quadra, we have found the perfect match in terms of quality and identity and we are delighted to add the Quadra business and team to the group. As always, we are grateful for the commercial, responsive and focussed support provided by James and his team in helping us to get this latest transaction over the line.”