Partly Cloudy

Partly Cloudy

max temp: 7°C

min temp: 5°C

ESTD 1874 Search

East Anglia: Regional law firm Birketts advises insurance software specialist Sequel on HgCapital deal

17:30 23 July 2014

Nigel Thompson of Birketts

Nigel Thompson of Birketts

Bruce Head.bruce@brucehead.com

East Anglian law firm Birketts LLP has advised the shareholders of a leading supplier of software to the insurance and reinsurance sector on its acquisition by private equity firm HgCapital.

Sequel Business Solutions, formed in 1993, is based in Broadgate Tower, in the heart of the City of London’s financial district, with its Eclipse platform being used by a number of major players in the Lloyd’s of London market and the wider insurance sector to run and optimise their operations.

Mario Garcia, managing director of Sequel, said: “This was a great opportunity for the shareholders of Sequel and for Sequel itself.

“We wanted an experienced and dedicated team of lawyers to help us achieve our goal. The team at Birketts met our requirements in all aspects.

“Led by Nigel Thompson and assisted by Laura Ryan, Birketts advised and guided us through a complex transaction which we wanted to negotiate and sign in a short period of time to avoid disruption to the business.

“We knew that we were getting the best advice and support, and this gave us huge confidence in the whole process. It has been a pleasure working with all at Birketts.”

Nigel Thompson, lead partner at Birketts’ Chelmsford office, said: “This was a complex and high value transaction, with a challenging timetable.

“It required resource from a number of teams across the firm. I’m pleased that we met those challenges, and wish future success for all at Sequel as a part of HgCapital.”

Birketts, which also has offices in Ipswich, Norwich and Cambridge, has a total of 56 partners and more than 450 staff, offering specialist skiils in most areas of the law.

Search hundreds of local jobs at Jobs24

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other East Anglian Daily Times visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by East Anglian Daily Times staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique East Anglian Daily Times account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

The new-look Marlows store in Bury St Edmunds, featuring the company's new branding.

Home and garden products retailer Marlows has completed the first phase of a £1m redevelopment and refurbishment at its 3.5-acre site in Bury St Edmunds.

Digby Chacksfield , CEO of The Eastern Enterprise Hub in the James Heir  building at UCS.

The Eastern Enterprise Hub is launching a pilot scheme in Colchester to help budding entrepreneurs launch health and social care projects.

Flow Energy

An Ipswich business which started out with four employees in 2012 and now boasts a workforce of 240 is seeking to recruit new customer account managers to join their customer service team.

The Suffolk Young Chamber at Sir John Leman High School. From left,  Kevin Keable, Sir John Leman School, Ashleigh Seymour-Rutherford, Suffolk Young Chamber, Jeremy Rowe, Sir John Leman School, Molly Ellis, head girl of Sir John Leman School; Tom McGarry, Sizewell C Head of External Relations, Allison Copeman, Sir John Leman School, Michael Taylor, Sir John Leman School, Elliot Fen, head boy of Sir John Leman School.

More than 50 business leaders attended an event at Sir John Leman High School in Beccles to mark the start of EDF Energy’s patronage of Suffolk Young Chamber.

A Royal Bank of Scotland branch in London.
Photo: Dominic Lipinski/PA Wire

Royal Bank of Scotland (RBS) has reached a “final settlement” with three out of the five shareholder groups bringing compensation claims against it in connection with its 2008 rights issue.

Management Jobs

Show Job Lists

Most read

Most commented

Topic pages

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24