Clay GBP Joins NFP's Ground Control to Expand UK Presence
Deal News | Mar 04, 2025 | PR Newswire Cision NFP Corp.
Ground Control Business Management, a subsidiary of NFP, has expanded its international operations into the United Kingdom through the acquisition of Clay GBP, Ltd. NFP plans to integrate Clay GBP into Ground Control's operations and rebrand the acquired company under its name. This strategic move allows Ground Control, which caters to high-net-worth individuals and industry executives, to enhance its business management services with the addition of Clay GBP’s expertise in accounting, taxation, and business consultancy. Clay GBP's partners will become managing directors within Ground Control, reinforcing the unit's offerings in tax and accounting services worldwide. The acquisition aligns with NFP's global strategy to broaden its service provision and meet growing client needs. NFP, an Aon company, is renowned for its comprehensive advisories in risks, wealth management, human capital, and retirement planning.
Sectors
- Financial Services
- Consulting
Geography
- United Kingdom – The geographic market for the acquisition as Clay GBP is based in the UK and the expansion marks Ground Control's entry into the UK market.
- United States – NFP, the acquiring company, is headquartered in New York, USA, and is expanding its US-based business management operations internationally.
Industry
- Financial Services – The article details the acquisition of a UK business management firm by NFP, which provides wealth management, tax, and business consultancy services.
- Consulting – Both NFP and Clay GBP offer consulting services in business management for high-net-worth individuals and executives.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| NFP Corp. | Acquiring Company | Company | NFP is a property and casualty broker, benefits consultant, wealth manager, and retirement plan advisor. |
| Ground Control Business Management | Acquiring Subsidiary | Company | A subsidiary of NFP focused on providing business management services to high-net-worth individuals and executives. |
| Clay GBP, Ltd. | Target Company | Company | A UK-based business management firm offering accounting, taxation, and business consultancy services. |
| Chris Bucci | CEO of Ground Control | Person | Overseeing the integration and expansion process of Clay GBP into Ground Control. |
| Richard Smethurst | Partner at Clay GBP | Person | One of the managing directors joining Ground Control post-acquisition. |