IMAS advised Lonham Limited, a specialist cargo and freight liability MGA, on its sale to Chaucer, a subsidiary of Hanover Insurance Group Inc. which has aggregate revenues in excess of $5bn.
IMAS worked with the director shareholders of the Company, maintaining strict confidentiality as the likely purchasers would all be well known to each other and the Company’s competitors. Identifying a small, carefully selected and agreed number of parties IMAS conducted a very discrete process which resulted in the transaction being completed without market knowledge or speculation.
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