Loss adjuster Woodgate and Clark has acquired Manchester-based Quadra Claims Services.

Founded in 2010, Quadra has specialist expertise in heritage and ecclesiastical buildings as well as nigh net worth claims. It also owns Quadrassist, a bespoke building contractor network.

Phil Scarrett, managing director of Woodgate and Clark, said the deal would accelerate growth by 20% over the coming two or three years.

He added: “There will be no job losses as a result of this deal; on the contrary, this is a growth story, and we expect that our added scale will build growth and lead to more recruitment for the business over time.”

John Carr, director at Quadra, said: “Woodgate and Clark has the integrity and values we strongly identify with and I am hugely excited by the opportunity to become part of a bigger team.

“We see growth opportunities from increased scale, and the Group will deliver additional investment in training the next generation of adjusters, which is a top priority for our industry.”

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