After obtaining regulatory approvals, BMS Group has now completed its acquisition of Spanish insurance broker Rasher, which specialises in surety, credit, finance and risk management solutions for corporate clients.
Readers may recall BMS announcing its planned acquisition of Rasher in December 2024.
At the time, the firm’s CEO highlighted strategic alignment and growth ambitions as key drivers for the move.
Gabriel Raya, until now CEO of Rasher, will become Chief Growth Officer of BMS in Iberia. He also will be responsible for the expansion of Rasher’s subsidiaries in Latin America.
Raya, who will join the Board of Directors of BMS Iberia with immediate effect, commented, “Joining BMS Group is a very exciting step for Rasher and we look forward to exploring new opportunities with our clients in each region, relying on the capabilities of BMS Group.”
Nick Cook, CEO of BMS Group, added, “We are excited to officially welcome Rasher to BMS Group. Expanding our global platform and capabilities remains a key priority in our growth strategy, and bringing Rasher on board is a significant step forward.
“In addition, Gabriel’s wealth of experience and expertise will be invaluable as we continue to grow together. We look forward to the journey ahead.”
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