.jpg)
It seems like it’s hard to stop PIB Group.
After announcing several acquisitions already this year – including those of Lincsafe Health & Safety, Lorica Insurance Brokers and i2 Healthcare – the company has today revealed another major deal, swooping for Albany Childcare.
The acquired firm is considered a leading provider of childcare insurance throughout the UK and specialises in childcare and nursery insurance for all day nurseries, out of school groups, playgroups and more. Based in Glasgow, it is on the verge of its 20-year anniversary and, as such, director Alex Keenan felt it was time to take the next step in its evolution.
“Myself and the Albany team made a conscious decision to invest in our business four years ago and as a result we have achieved strong growth and profitability,” he said. “Joining PIB is a significant step in our history and enables us to continue growing with further investment and support from PIB. We’re really looking forward to meeting our colleagues and identifying opportunities to collaborate for the benefit of the group and clients alike.”
Meanwhile, Brendan McManus (pictured), CEO of PIB Group, believes this key focus on a target market will make PIB a successful acquisition for the firm.
“I’m delighted that Alex and his team have chosen to join PIB,” he said. “They have remained focussed on their target markets and providing high levels of customer care, which has led to their success today in the childcare sector. These are core qualities that we look for in all the businesses we acquire and encourage them to maintain their entrepreneurial spirit while reaping the benefits of become part of our network of PIB Group companies.”
Keenan will continue to lead the business when the deal is completed and Albany is expected to continue trading under its own brand.
