The Clear Group has announced (14 September 2023) the acquisition of Heath Crawford & Foster Holdings Limited, including its subsidiaries Heath Crawford & Foster Ltd, ABA Insurance and Merenda & Co Ltd. This latest acquisition is a continuation of Clear’s long-term strategy to build a balanced and sustainable business.
Heath Crawford & Foster was founded in 1982 by Paul Weinberg. The business has grown through a blend of organic growth and carefully selected acquisitions. In the last three years, the business has doubled in size, now controlling £18m GWP.
Paul Weinberg, his fellow directors and a team of 34 people have joined the Clear Group to support its growth strategy by adding capability within its existing geographical footprint and in new locations. Heath Crawford and Foster have offices in Watford, Manchester and Southend. The business has particular expertise in placing property owners risks as well as key product classes across commercial, household, motor, fleet and professional indemnity.
Mike Edgeley, Group CEO of the Clear Group said: “We’re delighted to welcome Paul and his team to the Clear Group. Heath Crawford & Foster is a fast growing and successful business, which will add tremendous value as we to continue build for the long term. It’s also another great example of how Clear is backing great management teams and their people who share our values and ambitions.’’
Paul Weinberg said: ‘’I’ve followed the Clear journey for many years and have always been impressed by its people and the way they do business.
Joining forces with Clear now is absolutely the right thing for the growth and future of the Heath Crawford Foster business.’’