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 appoints fourth partner in Amsterdam with life sciences patent specialist

Multinational law firm Pinsent Masons has recruited partner András Kupecz to its European life sciences team, further bolstering its Netherlands-based technology, science and industry capabilities.

Pinsent Masons advises Photon Energy N.V. and Bankhaus Scheich Wertpapierspezialist AG on EUR 55m GREEN bonds

Multinational law firm Pinsent Masons has advised Photon Energy N.V. and Bankhaus Scheich Wertpapierspezialist AG on the issuance of EUR 55m 6.50% GREEN bonds due 2027.

Pinsent Masons wins International Law Firm of the Year and ADR Team of the Year at the Qatar Business Law Forum Awards 2021

Multinational law firm Pinsent Masons has been named International Law Firm of the Year and ADR Team of the Year at the Qatar Business Law Forum Awards 2021.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advises Photon Energy N.V. and Bankhaus Scheich Wertpapierspezialist AG on EUR 55m GREEN bonds

Multinational law firm Pinsent Masons has advised Photon Energy N.V. and Bankhaus Scheich Wertpapierspezialist AG on the issuance of EUR 55m 6.50% GREEN bonds due 2027.

Pinsent Masons advises syndicate banks on the €30m capital increase of Enapter AG

Multinational law firm Pinsent Masons has advised four syndicate banks, Bryan, Garnier & Co. (Sole Global Coordinator), Pareto Securities AS, Clarksons Platou Securities AS (Joint Bookrunners) and First Berlin Securities Brokerage GmbH (Placement Agent), on the successful EUR 30m capital increase of Enapter AG.

Pinsent Masons appoints Head of Corporate, Asia Pacific

Multinational law firm Pinsent Masons has appointed Singapore-based partner, Nicholas Hanna, as its new Head of Corporate, APAC.

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