Bill Dorris, a wealthy American businessman passed away, leaving a valid will, which placed $5...
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 email@example.com or call 01245 453817