Niche property services insurer Rapid Solutions is set to build on 25 years of business success with the announcement of a new shareholder. 

The insurance, training and technical support organisation that currently assists more 2,000 pest controllers and building inspectors across Australia and New Zealand will formally welcome Badger International as a shareholder on 10 May 2018. 

Rapid Solutions Chairman, Stephen Garrett, said that while the company’s shareholding structure would change, day to day operations of Rapid Solutions would not. 

“This is an exciting opportunity for Rapid Solutions and is part of Rapid Solutions’ ongoing commitment to growing the business and continuing to support the pest and building sector,” Mr Garrett said 

Rapid Solutions founders Graham and Marilyn Hellier have sold their shares and will now fulfil their retirement plans. The Helliers created the Rapid Solutions group of companies, which includes Pacific International Insurance Pty Ltd and Rapid Training, in 1993 to provide the property, pest management and building inspection sectors with appropriate insurance and training services and products. 

Mr Hellier said that he and his wife had endeavoured to find a purchaser that would work with the Rapid Solutions Board, CEO and team to grow the business, supporting clients and expand into new markets. 

“We are pleased to see that happening with Badger International and that the legacy we have built over more than 25 years will go from strength to strength,” Mr Hellier said. 

Rapid Solutions CEO Belinda Smith also sees the change as a logical and positive step forward towards a stronger future for the company. 
“The expertise and knowledge of Badger International will provide ongoing benefits for the sector, enabling Rapid Solutions to integrate best practice and international experience into our suite of insurance and training products and services. This will also enable us to maintain a focus on innovative approaches to emerging customer and sector needs,” Ms Smith said. 

Rapid Solutions is based in Newcastle, NSW Australia and is a leader in providing tailored insurance solutions for the pest management, building inspection, agricultural pest and weed control sectors. It also provides technical advice and industry recognised training solutions for this sector. The company employs more than 30 people who support a client base of more than 2,000 customers across Australia and New Zealand. 

Roland Lange from Badger International said the acquisition is an ideal alignment for their business’ expansion plans into the Australian and New Zealand insurance market, and is looking forward to working with Mr Garrett, Ms Smith and the Rapid team. 

For information: Belinda Smith 1300 309 169 

Links: http://www.rapidsolutions.com.au | https://www.pacificintins.com.au

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