Atec Group Acquires Moorhouse Group, Marks New Growth Chapter

Deal News | Jun 18, 2025 | Perwyn

In a significant development, Atec Group, a portfolio company of private equity firm Perwyn, has announced the acquisition of Moorhouse Group, a specialist in Commercial SME insurance, subject to regulatory approval. This marks Atec's first acquisition post-investment from Perwyn in 2024, highlighting its plans for substantial growth. The acquisition aims to triple Atec's size over the next five years through M&A and organic growth, targeting a position among the top 10 specialist insurance brokers. Moorhouse, with a 35-year history in SME insurance, will continue to operate under its brand without service disruptions to customers. This acquisition expands Atec's reach in the SME sector, complementing its strong presence in home and leisure insurance. The move reflects Atec's strategic intent to diversify its portfolio and leverage its technological investments. Both companies express optimism about the synergies and growth potential this acquisition will bring.

Sectors

  • Insurance
  • Private Equity

Geography

  • United Kingdom – Both Atec Group and Moorhouse Group are based in the UK, with operations serving the UK insurance market.
  • Wales – Moorhouse Group is based in Caerphilly, Wales, making this location particularly relevant to the acquisition.

Industry

  • Insurance – The acquisition involves companies specializing in insurance products, particularly in the Commercial SME sector and personal lines.
  • Private Equity – Perwyn, a private equity firm, is backing Atec Group's growth and acquisition strategy, making this sector relevant.

Financials

    Participants

    NameRoleTypeDescription
    Atec GroupBuyerCompanyA multichannel insurance distribution platform known for its high growth in home and leisure insurance products.
    Moorhouse GroupTarget CompanyCompanyA specialist in Commercial SME insurance with a 35-year heritage located in Caerphilly, Wales.
    PerwynInvestorCompanyA private equity firm providing financial backing and strategic support to Atec Group for its expansion.
    Brendan DevineCEO of Atec GroupPersonLeading the strategic acquisition of Moorhouse to diversify and grow Atec's portfolio.
    Edward LunkenInvestment Director at PerwynPersonOverseeing Perwyn's investment in Atec and supporting its growth strategy through acquisitions.