Specialist commercial property claims adjuster, Carr Greenwood Smith has been acquired by AMG, one of the UK’s leading claims management companies. Clearwater International advised the vendor and introduced AMG to the deal through its existing connections within the company.
Carr Greenwood Smith was formed in 1999 offering a superior loss adjusting service to insurers, brokers and corporate clients. The company now operates from offices in Birmingham, Bristol, Glasgow, Leeds, London, Manchester, Newcastle and Uxbridge, providing a nationwide service. Dave Greenwood, partner with Carr Greenwood Smith said: “We are pleased that AMG clearly recognized our reputation for service and technical excellence, potential for growth and a strong cultural fit.” With one of the highest levels of professionally qualified staff in the industry, Carr Greenwood Smith aims to provide a high quality, personal service and enjoys long-term relationships with many clients.
Dave Greenwood and John Carr, partners with Carr Greenwood Smith will represent the company on AMG’s management board. AMG – formerly known as Ashworth Mairs Group – is based in Bromborough, Wirral. Founded in 1992, it has become one of the UK’s leading claims management companies and in 2005 underwent a management buy-out with backing from Hermes Private Equity. Clearwater advised the management team on the deal. In May 2006, AMG acquired Sigma Claims Solutions, a specialist liability adjusting business.