Chase Templeton completes Nevada sale

Chase Templeton's owner, Palatine Private Equity, has completed its sale to Nevada Investments.

Founded in 2002, Chase Templeton is one of the UK’s leading PMI specialists. It operates from headquarters in Darwen, Lancashire and offices in Bridgwater, Somerset. The company has enjoyed rapid growth, completing more than 75 acquisitions and growing its annual premium income from approximately £90m to £150m in just four years.

Ed Fazakerley, partner at Palatine Private Equity and former board director at Chase Templeton, said: “The management team led by Warren Dickson have done a great job in implementing the buy and build strategy, which has led to the business becoming a leading player in the PMI marketplace. Chase Templeton is a fantastic example of a fast growing business from the North of England and we are confident that this level of growth will continue with support from Nevada.”

Advisers to the shareholders included Deloitte (Olly Tebbutt, Simon Barrass and Myles Philips) Gateley plc (Rebecca Grisewood and Steve Roberts) and PwC (Jonathan Cooper and Syd Hussain).