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Gloucestershire Business News

BPE advise insurance firm on acquisition

The Corporate team at Cheltenham-based BPE Solicitors has acted for longstanding client Partners& on its purchase of independent insurance broker Ives & Taylor Group Ltd (Ives TG).

With 12 offices across the UK, Partners& said the acquisition is in line with a strategy to build a hub in the North of England and brings strong commercial lines, professional indemnity, and private client practices into its portfolio.

Corporate partner Adam Kean, with assistance from associate Angharad Doyle and solicitor Rupert Parker, worked closely with Partners& CEO Phil Barton and his team to ensure the transaction with Stephen Buckley and Anthony Procter (the management team of Ives TG) went smoothly.

"It was great to work again with Phil and the team, and to see the continued success of the group. We always seek to assist the continued growth of our clients and to work with Partners& again was a pleasure," said Mr Kean.

BPE's Corporate team previously acted for Partners& advising on a significant investment from private equity firm Capital Z Partners and the subsequent acquisition of six insurance advisory businesses.

Phil Barton, CEO of Partners&, said: "Adam and the team at BPE always provide us with strong commercial advice and I am grateful to have found a business partner to support our growth strategy. Joining forces with Stephen Buckley, Anthony Procter and the Ives TG team is a natural fit from a values and cultural perspective and will create a hub for Partners& in the North of England.

"The move is an important step for us in developing our national footprint and is in line with our strategy to build the best insurance advisory business in the UK".

To discuss how BPE Solicitors can support your business, contact Adam Kean or a member of the BPE Corporate team on 01242 224433.

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