IMAS acted as the sole financial adviser to Risk Solutions Group Limited (“RSG”) and its subsidiary Property Insurance Initiatives Limited (“Pii”) on its sale to Stackhouse Poland Group.

Pii is a real estate insurance specialist, established in 2012 and comprises a team who are able to advise on all aspects of property risk, including property owners, terrorism, construction risks, legal indemnity policies, and warranty and indemnity insurance as well as having a key interest in environmental risk insurance.

Brett Sainty, CEO of Pii, said: “Stackhouse Poland is a respected contributor to the UK insurance market, and combining our propositions is a natural fit. The acquisition is an important part of our growth strategy, allowing us to compete at the top of the market on a greater scale.”

Stackhouse Poland is a leading Private Client and specialist Commercial broker. It has a stated objective to grow organically and also through the acquisition of likeminded businesses specialising in the same sectors namely, Private Client, Real Estate, Professional Risks, Marine, Commercial and SME, Community and Private Health & Protection.

IMAS was retained to advise on a transaction that maximised value for RSG while providing Pii’s management team with an environment in which they could continue to develop and progress their careers. This included conducting a targeted and competitive process and assisting the company in developing robust earnings and balance sheet modelling, as well as providing detailed advice on a wide range of commercial and technical points in the negotiations.

IMAS initiated the acquisition of Honour Point, a Birmingham-based corporate insurance broker and risk management consultant, by Stackhouse Poland for an undisclosed sum. Established in 1996, Honour Point serves mid to large corporate and global clients in the publishing, arts, heritage property and charity sectors.

Centtrip is an award-winning foreign exchange, payments and digital banking solutions provider for corporates and private clients, offering bespoke solutions for specific industry sectors including music and marine. IMAS provided advice on the preparation and marketing of the transaction and the company’s options in relation to the capital raise, including advice on alternative investors and proposals received.

IMAS acted as the exclusive financial adviser to Maybury James Limited, the holding company for Peter D James and Stewart Miller, McCulloch & Co, on its sale to Vantage Insurance Services (“Vantage”), the specialist broker and underwriting agent owned by NSM Insurance Group, a US speciality broker.

IMAS was retained to find a buyer for the business that would allow management to continue its development and allow them to realise their investment. We identified Vantage as one of the potential acquirers following their sale to NSM Insurance, providing them with the resources and development interest to pursue acquisitions.

Peter James Insurance and Stewart Miller Insurance both specialise in the classic car sector, providing insurance cover for both classic cars, motorcycles and the classic car commercial and trade sectors.