IMAS acted as the exclusive financial adviser to Aquila on the sale of Vectura Underwriting to Nexus Group. Vectura Underwriting is a specialist Marine Cargo underwriting agent, and also a registered and approved Lloyd’s Coverholder.

IMAS was retained by Aquila to advise throughout the whole sale process, from stress-testing the business plan and to identifying a range of potential synergistic buyers, through to negotiating the final terms for the transaction. Being a sale of a business by an LLP, the transaction involved a number of features not usually encountered when selling a company to which providing solutions was a key determining factor for the success of the transaction.