Davies Group completes second acquisition of 2019

Davies Group has acquired GBB and Banwells, adding to its specialist motor claims capability.

The acquisition includes specialist forensic investigation business GBB and motor engineering solutions provider Banwells.

Based in Burnley, the businesses specialise in collision investigation, failure analysis and vehicle assessments. They boast a 70-strong team of forensic scientists, engineers and collision specialists.

GBB and Banwells will form part of Davies Motor Claims within the group’s wider claims solution business. Brian Henderson will continue to lead the businesses, supported by the existing leadership team.

Davies will integrate Banwells and its existing specialist motor engineering business, TLSS, under the banner of Davies Motor Engineering, which will offer a full suite of desktop and field engineering services, including total loss solutions for its insurance clients.

The forensic investigations team will continue to trade as GBB.

Dan Saulter, group chief executive officer of Davies, said: “It is a pleasure to welcome Brian and the wider team to Davies. GBB and Banwells have a great reputation in the insurance, legal, fleet and law enforcement sectors. The team brings a wealth of knowledge and new technical skills, which align with our strategy of broadening our capability and adding deeper domain expertise for our clients.”

Henderson commented: “We’re delighted to be joining Davies and are excited about its growth and investment plans. The deal will offer our team great opportunities for their personal development and career progression, and we look forward to working with the wider Davies group to the benefit of our highly valued clients.”

This deal marks the company’s second acquisition of 2019, and follows Canadian investor AIMCo taking a minority stake in Davies to support its next phase of international expansion.

Its global team now numbers more than 2,000 claims, insurance, consulting and technology professionals delivering core operations, digital solutions and consulting to more than 500 businesses across the UK, Ireland, Bermuda, the US and Canada.

Claims Media