Essex law firm advises on successful sale

Essex law firm, Birkett Long has advised the owners of GB Underwriting on their sale of the company to insurance intermediary Specialist Risk Group (SRG).

GB Underwriting is a property and liability solutions provider operating in the UK broker market. A key strength of the company is supporting brokers whose clients operate within construction, building and associated specialist trades.

David Wisbey, a Partner in the firm’s Commercial and Corporate Finance team, advised on the legal aspects of the sale.

David said: “Having worked with James Gerry and the GB Underwriting team for nearly ten years and watched the business grow and thrive, I am very pleased to have assisted them with the sale to Specialist Risk Group. The transaction had its challenges, thanks to Covid-19, but all parties and their advisers worked together to complete a successful deal.”

James Gerry, GB Underwriting Executive Chairman, said: "Transactions like these are surprisingly detailed and complicated.  It was a great help to us to know that David and the Birkett Long team were extremely knowledgeable and capable.  In addition, David brings with him a wealth of legal M&A experience.  We benefitted from that immensely."

If you would like advice on acquisitions then email David at david.wisbey@birkettlong.co.uk or call 01245 453817

The contents of this article are intended for general information purposes only and shall not be deemed to be, or constitute legal advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article.