Thursday, 4 October 2012

"Uptick" in M&A Activity predicted for 2013

Tom Dobell, manager of the £7.7bn M&G Recovery fund, expects an uptick in M&A activity to rejuvenate performance in 2013 after a "tough" three years for the fund.

Read more: http://www.investmentweek.co.uk/investment-week/news/2214666/dobell-m-a-will-drive-returns-on-gbp8bn-recovery-fund-in-2013#ixzz28LEaMmSj
Tom Dobell, manager of the £7.7bn M&G Recovery fund, expects an uptick in M&A activity to rejuvenate performance in 2013 after a "tough" three years for the fund.

Read more: http://www.investmentweek.co.uk/investment-week/news/2214666/dobell-m-a-will-drive-returns-on-gbp8bn-recovery-fund-in-2013#ixzz28LEaMmSj

R&Q makes third end-of-life captive acquisition


Randall & Quilter (R&Q) has completed the acquisition of RAB Insurance Limited, its third purchase of an end-of-life captive insurer in 2012 so far.  The company wrote a book primarily consisting of employers' liability, product liability and constructors all risk for Roger Bullivant Limited and its subsidiaries.

Monday, 1 October 2012

CVC acquires majority stake in Cunningham Lindsay

Claims management firm and loss adjuster, Cunningham Lindsey, has received an injection of cash from a group of investors led by CVC Capital Partners.

The move means that CVC has acquired majority ownership of the company, which employs around 7,000 staff operating across 61 countries.

CVC, of course not to be confused with CCV (part of Peter Cullum's Towergate empire!)

Arthur J. Gallagher acquires Acumus


Looks as if the Pat Gallagher/ Dave Partington team road-show is well and truly up and running!  Their latest acquisition Acumus was highly shought after and would have had appraoches from all sides.

The Acumus team, which is based in Chelmsford, will continue to trade under the Acumus banner following the acquisition.

The acquisition follows that of retail insurance broker Blenheim Park Ltd, which was acquired by Arthur J. Gallagher International in August.