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Eversheds Sutherland advises Pollen Street Capital on double acquisiton

  • United Kingdom
  • Global

    17-12-2018

    Eversheds Sutherland has advised Pollen Street Capital (PSC), the majority owner of Specialist Risk Investments Limited, on the double acquisition of The Underwriting Exchange and London Ireland Market Exchange (subject to regulatory approval).

    The global legal practice advised in relation to UK and Irish law issues including regulatory requirement in the UK and Ireland. This transaction was in addition to advising longstanding client PSC on the acquisition of Miles Smith Insurance Group by Specialist Risk Investments Limited earlier this year.

    The cross-border Eversheds Sutherland team was led in the UK by Partner Paul Pugh and in Ireland by Gavin O’Flaherty with support from Partners Paula Gaddum, Alan Connell and Marie McGinley, Principal Associates Christopher Ives and Eve England, Senior Associate Ben Podrey, Associates Joel Clendinning, Helen A’Bear, Jonathan Palmer, James Burnie, Zoe Haden, Victoria Northedge, Aine Lee and Maria O’Brien, Senior Legal Consultant Kerry Boyle, Solicitors Christine Quigley, David McKeating, Emma Hartnett, Robert Dever and James Connolly and Trainees Tom Slevin, Martyna Brulinska and Kirsty Farrell.

    Paul Pugh commented:

    “We are delighted to advise Pollen Street Capital on this double acquisition against the backdrop of Brexit. The companies acquired provide some exciting new products and capabilities for the Specialist Risk Investments group both in the UK and Ireland.”

    Ian Gascoigne, Partner at Pollen Street Capital, commented:

    “We’re excited about the continuing growth of Specialist Risk Investments Limited through the acquisition The Underwriting Exchange and London Ireland Market Exchange. We wish to thank Eversheds Sutherland for their advice in relation to this transaction and ongoing support of the group as it continues to pursue organic and M&A growth opportunities”.

    Disclaimer

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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