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.
Multinational law firm Pinsent Masons has hired Gillian Harrington to join the firm’s Aberdeen office as employment partner from 6 May.
Multinational law firm Pinsent Masons has hired corporate partner, Rachel Soundy, to join the firm’s Birmingham office.
Multinational law firm, Pinsent Masons LLP, has advised IGCF VI Euro, L.P. a sub-fund of Balbec Capital LP, a global alternative investment manager headquartered in the United States on its first European public securitisation in relation to the issuance of notes totalling EUR 392 million backed by a portfolio of reperforming Spanish mortgage loans, arranged by Goldman Sachs.
Multinational law firm Pinsent Masons has hired corporate partner, Rachel Soundy, to join the firm’s Birmingham office.
Multinational law firm, Pinsent Masons LLP, has advised IGCF VI Euro, L.P. a sub-fund of Balbec Capital LP, a global alternative investment manager headquartered in the United States on its first European public securitisation in relation to the issuance of notes totalling EUR 392 million backed by a portfolio of reperforming Spanish mortgage loans, arranged by Goldman Sachs.
Multinational law firm Pinsent Masons has appointed pensions partner Anna Taylor, to join the firm’s Finance and Projects team in London.
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