19th July 2023

The Broker Investment Group takes 100% stake in Hallsdale Insurance Brokers

The Broker Investment Group has increased its stake in Hallsdale Insurance Brokers, based in Kettering, Northants, to 100% ownership.

The partnership began over 5 years ago in March 2018 with an original investment of 30%, before the total sale on 3rd July 2023.

Founded in 2007, Hallsdale Insurance Brokers has a GWP of £3m and is predominately a commercial lines community broker. Simon Drysdale stays fully within the business as before and fellow Director Angela May now steps up to become Managing Director. The other 4 staff and premises all remain unchanged and an important part of the onward journey.

The relationship between Hallsdale Insurance and The Broker Investment Group has been very successful over the previous 5 years and this deal is part of longer-term succession planning but also with ambitious growth targets over the next 5 years, with a sales and marketing plan in place to acquire new businesses together.

Simon Drysdale, Hallsdale Insurance Brokers                           

Angela May, MD, Hallsdale Insurance Brokers

Dave Clapp, CEO of The Broker Investment Group, comments:

“This deal is a perfect fit for The Broker Investment Group. We have got to know Simon and Angela well over the last 5 years and when the opportunity developed to take 100% ownership of the business, we didn’t hesitate.

This deal fits nicely in-between our growth and succession planning propositions. It gives Simon an exit strategy before retiring in 5 years and Angela deservedly steps to the MD role.

We are all committed to generating exponential growth over the next 5-10 years and our in-house marketing consultant is working on a marketing plan to attract new customers in the Midlands region and beyond.

We are delighted to now have 100% of such a great business, the team at Hallsdale are first class, a knowledgeable and experienced team with exceptional customer service.

The Broker Investment Group are on track to hit £250 GWP by the end of 2024 and have a pipeline of 9 acquisitions in legals.”

Dave Clapp – CEO, The Broker Investment Group


Simon Drysdale, MD of Hallsdale Insurance, comments:

“We have got to know the team at The Broker Investment Group and have enjoyed our relationship so far and we were then ready to move to the next level and sell the business in its entirety.

I know the staff and Hallsdale brand is in very safe hands, and I’m delighted that Angela and myself will be remaining at the forefront of the business with our valued clients and to continue our growth journey.”


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