Davies Group makes first buy under new ownership

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The deal of Cynergie UK is Davies’ first acquisition since HGGC took a majority stake in the business in January.

Claims manager Davies Group has acquired Cynergie UK, a regulatory services business, for an undisclosed amount.

This is Davies’ first acquisition since private equity firm HGGC took a majority stake in the business earlier this year.

At the time, Davies said HGGC’s investment would allow it to continue its strategy of investing in niche lines, technology and technical expertise.

Investing
Peterborough-based Cynergie offers outsourced regulatory and complaints management services across

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