Partly Cloudy

Partly Cloudy

max temp: 10°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.

shares

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.

shares

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

East Suffolk Line (stock image)

Transport user groups have called for more train services in Suffolk after new station footfall statistics showed growth across the region with particular emphasis on lines where their frequency had been increased,

Health chiefs in Suffolk have reaffirmed their commitment to tackling unhealthy lifestyles in the county as new figures revealed a major rise in hospital admissions where patients were diagnosed as being obese.

A pothole

Potholes which currently have to be repaired in 24 hours could be left unattended for five days under proposals being considered by Suffolk County Council.

Halstead sign

An Essex man accused of repeatedly kicking another man causing a serious injury to his groin has claimed he was acting in self-defence.

Protesters gathered in Fairfield Road in Framlingham to protest about the proposed housing development.

Survey responses from a Suffolk town at the centre of a heated housing campaign have shown support for new homes – of a certain sort.

Police are appealing for witnesses to find the missing man

A man who may have been seriously injured in a road traffic collision has gone missing.

Man in court over alleged fraud after telling couple further work needed doing to the roof of their home

An alleged rogue trader accused of doing work to the roof of a bungalow belonging to a Suffolk couple in their 80s without their agreement has claimed they asked him to do the work.

The new community cinema launched in St Mary's Church in Bury. Joanna Rayner and Rev Cannon Malcolm Rogers are pictured.

A Bury St Edmunds church is turning into a cinema as it intends to hold free community film events over the coming year.

Teen robbed of phone and bike

Police are appealing for help to find two men who robbed a teenager at knifepoint.

Most read

Most commented

Topic pages