Pinsent Masons advises as Global Risk Partners makes first acquisition

01 Nov 2013 | 09:39 am |

International law firm Pinsent Masons has advised Global Risk Partners on its maiden acquisition and investment by private equity house, Penta Capital.

GRP has been set up by David Margrett, former Willis CEO, and Towergate founder Peter Cullum as a broker consolidation vehicle in the London market.  

It has acquired Towergate Underwriting’s commercial property business for £9.25 million. Together with Penta’s investment, GRP has an investment fund of £55million for future deals.

The Pinsent Masons team was led by corporate partner Sean Page, assisted by Kevin O’Connor and Danielle Murphy.

Page commented "We are delighted to have advised the team at GRP on these deals which continue our strong track record of advising entrepreneurs and institutions in the insurance sector. Activity levels in the insurance sector, in particular M&A, appear to be on an up-turn and we continue to talk to clients about strategic opportunities in the London market".  

Page recently also led on the disposal of Direct Line’s life insurance business to Chesnara and AXA’s disposal of Bluefin Personal Consulting to Towry.

Latest press releases

Show me all press releases

Pinsent Masons Joins Climate Bonds Partners Programme

International law firm Pinsent Masons has joined Climate Bonds Initiative's Partners Programme, an international network mobilising debt markets to tackle climate change and finance green solutions.

Pinsent Masons launches Spark Board

International professional services firm Pinsent Masons has today announced the launch of the "Spark Board" to bring a new perspective to strategic decision-making at the firm.

Pinsent Masons virtual internship Australia UK

International law firm Pinsent Masons has launched a virtual internship enabling students to gain valuable experience of working as a lawyer within its business.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons Joins Climate Bonds Partners Programme

International law firm Pinsent Masons has joined Climate Bonds Initiative's Partners Programme, an international network mobilising debt markets to tackle climate change and finance green solutions.

Pinsent Masons advises CH&CO on £85m acquisition

International law firm Pinsent Masons has advised CH&CO Catering Group on the £85m acquisition of the UK and Irish catering and hospitality business of Mitie Group Plc.

Pinsent Masons advises Primary Capital Partners on management buy out

International law firm, Pinsent Masons, has advised Primary Capital Partners on its management buy-out of British engineering company Foster & Freeman.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts