Clegg Gifford & Co Ltd
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Clegg Gifford & Co Ltd - overview
Established
1967
Location
London, England, UK
Primary Industry
Insurance
About
Clegg Gifford & Co Ltd is a UK-based insurance brokerage that offers specialized personal and commercial insurance solutions, catering to diverse client needs through a comprehensive suite of products. Clegg Gifford & Co Ltd, founded in 1967, operates as an insurance brokerage providing a wide range of products. The company is headquartered in London, UK. The CEO, Toby Clegg led the firm and co-founded by Royston William Clegg and Mike Gifford , which has not undergone significant business model pivots or changes in operations since its inception.
In December 2021, Markerstudy Insurance Services Limited, a portfolio company of Bain Capital, Pollen Street, and Qatar Insurance Company, agreed to acquire Clegg Gifford & Co Ltd. Clegg Gifford specializes in a variety of personal and commercial insurance products, including Motor Trade Insurance, Taxi Insurance, Commercial Vehicle Insurance, and Professional Indemnity Insurance. They serve clients such as motor traders and taxi operators, utilizing a network of over 800 brokers to deliver tailored insurance solutions that meet unique requirements across various sectors. In the most recent year, 2023, Clegg Gifford reported a revenue of USD 663.
61 mn and an EBITDA of USD 444,200,528. 9. The company generates revenue through both Business-to-Business (B2B) and direct-to-consumer channels, securing insurance coverage for diverse needs without disclosing specific pricing details. The Markerstudy acquisition in December 2021 benefits Clegg Gifford by providing access to Lloyd’s market, broader client base, growth opportunities, and support for expanding commercial insurance capabilities.
Primary Industry
Insurance
Sub Industries
Personal Insurance
Website
www.cginsurance.com/
Verticals
InsureTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Clegg Gifford & Co Ltd - timeline of key events
Clegg Gifford & Co Ltd - financials
| Fiscal Year Ended | Jun 30, 2012 | Jun 30, 2013 | Jun 30, 2014 | Jun 30, 2015 | Jun 30, 2016 | Jun 30, 2017 | Jun 30, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 6,219,444 | 6,134,379 | 6,755,888 | 10,835,053 | 15,202,053 | 15,746,680 | 15,046,093 | 20,927,566 | 15,347,819 | - | - | - |
| % Revenue Growth (YoY) | - | (1.4%) | 10.1% | 60.4% | 40.3% | 3.6% | (4.4%) | - | - | - | - | - |
| EBITDA (USD) | 2,315,966 | 1,905,315 | 1,856,603 | 4,907,251 | 7,727,116 | 4,497,908 | 3,294,701 | 2,172,194 | 3,355,427 | - | - | - |
| Operating Income (USD) | 2,109,873 | 1,679,024 | 1,634,858 | 3,750,515 | 5,393,117 | 1,240,391 | (609,334) | (3,620,384) | 1,398,455 | - | - | - |
| Operating Margin | 33.9% | 27.4% | 24.2% | 34.6% | 35.5% | 7.9% | (4.0%) | (17.3%) | 9.1% | - | - | - |
| % EBITDA Margin | 37.2% | 31.1% | 27.5% | 45.3% | 50.8% | 28.6% | 21.9% | 10.4% | 21.9% | - | - | - |
| NET Income (USD) | 1,770,420 | 1,288,959 | 1,337,368 | 4,739,778 | 4,842,064 | 1,613,871 | 360,694 | (2,899,533) | 982,784 | - | - | - |
| % Net Margin | 28.5% | 21.0% | 19.8% | 43.7% | 31.9% | 10.2% | 2.4% | (13.9%) | 6.4% | - | - | - |
Clegg Gifford & Co Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Announced | Clegg Gifford & Co Ltd | - | ||||||||
| Private Debt | Completed | Westminster Insurance | - |
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Clegg Gifford & Co Ltd - employee data
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