IMAS has advised IOMA in relation to the announced acquisition of Isle of Man Assurance Limited, IOMA Horizons Limited and Isle of Man Insurance Management Limited by Wilton, in a deal that is subject to Isle of Man FSA regulatory…
December 2020
Business Sale
IMAS acted as the exclusive financial adviser to Appian Asset Management Limited on its sale to Gresham House plc. The transaction is subject to approval from the Central Bank of Ireland. Based in the Republic of Ireland, Appian Asset Management…
November 2020
Business Sale
IMAS acted as the sole financial adviser to Safeonline and its members on its sale to Howden Group. Safeonline, a London-based cyber and tech specialist broker and Lloyd’s coverholder offers a range of product lines including cyber and tech, financial…
Client
Acquirer
November 2020
Business Sale
IMAS acted as the sole financial adviser to Safeonline and its members on its sale to Howden Group.
Safeonline, a London-based cyber and tech specialist broker and Lloyd’s coverholder offers a range of product lines including cyber and tech, financial & professional lines, programmes & binders and contingency and is a member of the Brokerslink network.
Safeonline has a proprietary insurtech platform, iQ, which comprises online quote & bind functionality that distributes to both the UK SME and international wholesale sectors. This online portal provides capacity for SME retail customers and represents a highly complementary distribution model for Howden.
Howden Group is an international specialist insurance broking group with pro forma revenues of £725m and which has recently attracted new investment from Hg, a leading European investor in software and tech-enabled services businesses, valuing the Group at US$5 billion.
IMAS was retained by Safeonline to advise them on the transaction and assist them through the buyers rigorous due diligence process.
IMAS Corporate Finance acted as the exclusive financial adviser to digital voucher specialist i-movo on its acquisition by PayPoint.
November 2020
Capital Raise
IMAS acted as the exclusive financial adviser to LIKEZERO Limited (“LIKEZERO”, the “Company”) in connection with PwC’s sale of the business to the management team, led by CEO Mike Lines, with the support of Souter Investments, the private equity focused…
November 2020
Business Sale
IMAS acted as the sole financial adviser to MS Amlin Corporate Services (“MS Amlin”) on the sale of specialist boat insurance provider Haven Knox-Johnston (“Haven”) to Aston Lark Group (“Aston Lark”). Haven Knox-Johnston is a leading specialist provider of marine…
November 2020
Business Sale
IMAS acted as the exclusive financial adviser to Radiant Financial Group (“Radiant”) on the sale to Apiary Capital and the management team, led by CEO Simon Cogman-Hellier. Radiant has been established with the intention of growing both organically and through…
October 2020
Business Sale
IMAS acted as the exclusive financial adviser to Partners Wealth Management (PWM) on its sale to Seven Investment Management (7IM) with backing from Caledonia Investments. PWM is a fast-growing, award-winning financial planning firm based in the City of London looking…
September 2020
Business Sale
IMAS acted as the sole financial adviser to Brokerbility Holdings Limited (“Brokerbility”) on the sale of the business to Clear Insurance Management (“Clear”). Brokerbility is the parent company of a group encompassing broking, network and technology businesses. The group has…
July 2020
Business Sale
IMAS acted as the sole financial adviser to MS Amlin Corporate Services (“MS Amlin”) on the sale of its specialist broking business AUA Insolvency Risk Services (“IRS”) to Specialist Risk Group (SRG). IRS is a specialist broking business that serves…
June 2020
Business Sale
IMAS acted as the exclusive financial adviser to Brown Shipley & Co (Brown Shipley) on the sale of its employee benefits consultancy business to Beckett Investment Management Group (Becketts). Brown Shipley is a private banking group and member of the…
Client
Acquirer
June 2020
Business Sale
IMAS acted as the exclusive financial adviser to Brown Shipley & Co (Brown Shipley) on the sale of its employee benefits consultancy business to Beckett Investment Management Group (Becketts).
Brown Shipley is a private banking group and member of the pan-European Quintet Private Bank network, providing integrated wealth planning, investment management and lending to customers in the UK. It inherited the employee benefits business, which focuses on providing advice to SMEs on areas such as workplace pension schemes, group risk, private medical insurance and flexible benefits, in connection with its acquisition of the Cambridge-based wealth manager NW Brown in June 2019.
Operating from four offices in East Anglia and the Midlands, Becketts is a privately-owned group with 73 staff providing financial planning and investment management services to private clients and employee benefits consulting and risk protection to corporate clients. The acquisition will help Becketts boost its presence in Norwich and expand its corporate client base across the East.
IMAS acted as the exclusive financial adviser to Funding Xchange and its shareholders on its £8 million funding round led by Downing Ventures and Gresham House Ventures. Funding Xchange (FXE), the FinTech that has built digital decisioning technology to enable…
