Acquiring Company
Deva Risk Group
Acquired Company
David Vaughan & Co
WalesWalesFinancial ServicesInsuranceFinancial ServicesInsuranceDescription
Deva Risk Group has acquired North Wales broker David Vaughan & Co as part of its growth strategy. This acquisition marks Deva's second in the region, enhancing its presence in the market. Founder David Vaughan will step down, with his son taking over as managing director. The company will retain its existing brand and continue operations as usual.
Quick answer
Deva Risk Group is acquiring David Vaughan & Co, announced May 19, 2025. Deva Risk Group is based in Wales, United Kingdom.
- How much did Deva Risk Group pay for David Vaughan & Co?
- The deal value was not disclosed.
- What does Deva Risk Group do?
- Deva Risk Group is a growing insurance company focused on acquiring regional brokers.
- Where are Deva Risk Group and David Vaughan & Co based?
- Deva Risk Group is based in Wales, United Kingdom. David Vaughan & Co is based in Wales, United Kingdom.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Insurance
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- Chesnara to acquire HSBC Life UK for £260m, $340M (July 3, 2025)
- King Risk Partners acquires VIA Insurance Agency (July 1, 2025)
- Brown & Brown to acquire RSC Topco for $9.8 billion, $9.8B (June 22, 2025)
- BCIC acquires JN General Insurance for growth (June 11, 2025)
- Brown & Brown to acquire Risk Strategies for $10 billion, $10B (June 9, 2025)
- Federal Life acquires Texas Service Life Insurance (June 4, 2025)
Who to call at Deva Risk Group, and when
When Deva Risk Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired David Vaughan & Co?
David Vaughan & Co was acquired by Deva Risk Group, based in Wales. The deal was reported on May 19, 2025. Deva Risk Group is a growing insurance company focused on acquiring regional brokers. The company is supported by The Broker Investment Group (TBIG). Deva Risk Group is privately held and operates in Financial Services.
When did Deva Risk Group acquire David Vaughan & Co?
Deva Risk Group's acquisition of David Vaughan & Co was reported on May 19, 2025. Deva Risk Group has acquired North Wales broker David Vaughan & Co as part of its growth strategy. This acquisition marks Deva's second in the region, enhancing its presence in the market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does David Vaughan & Co do?
David Vaughan & Co is an insurance broker that has been operating for 51 years. The company offers SME commercial and personal lines insurance. It has established a loyal client base in North Wales. The firm generates £1.2 million in gross written premium. It is privately held, operating in Financial Services, and is based in Wales.
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