Premier Choice Healthcare has continued to build its presence in the UK healthcare sector, with the acquisition of brokers Amba Care and Wellbeing for an undisclosed sum.
This is the third acquisition made by Premier Choice Healthcare since June 2020, when the company itself was bought by Global Risk Parteners.
Amba C&W is part of the Amba People group, a technology business providing clients with employee benefits platform, Lumina, which offers access to a range of eco-friendly, ethical products and insurance options.
PCH is acquiring the assets of the broking division, based in Bristol, which distributes employee benefits, including healthcare insurance, group life and group income protection to corporate clients.
PCH MD Stephen Hough says: “Since day one GRP has encouraged our twin growth strategy of organic and inorganic business growth.
“We remain keen on making further acquisitions where broking businesses fit our deal criteria and are on the look-out for vendors seeking to crystallise value from their life’s work, or who want to be part of a fast growth, entrepreneurial business.”
Amba C&W staff will continue to be based in Bristol and will transfer to PCH. Team leader Paul Dunsford will continue to manage the business and will become a divisional head within PCH, reporting to Darren Perkins, PCH sales director.
Amba People Group CEO Tobin Murphy-Coles says the structure of this deal means that there is no break in service for Amba C&W clients. He adds: “The deal allows Amba People Group to focus solely on the development and distribution of its Lumina platforms. With that in mind, I am also delighted that PCH has agreed to become a key distribution partner of Lumina.”
