JMG Group approaches £100m milestone after Butterworth Spengler’s Brunsdon buy

Arrows about to hit a sweating target

JMG Group has reached £90m of gross written premium with 200 staff in 10 offices, CEO Nick Houghton told Post as it funded Butterworth Spengler to make its first acquisition since joining the group.

Private equity house Synova took a majority stake in JM Glendinning last November backing a management buyout of the business when it had £45m of GWP with 110 staff across six offices.

As revealed by

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