Davies makes first acquisition since private equity investment

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The acquisition, for an undisclosed amount, will see Cynergie retain its name and senior management. Based in Peterborough and Birmingham, Cynergie provides outsourced regulatory and complaints management services in insurance, as well as other sectors. The deal follows the purchase of a £90m majority share in Davies by US private equity firm HGGC. “This is the first step towards delivering our strategy of broadening the capability that we offer our clients, through investing in niche an