Birketts advises on the sale of Howard Global Holdings Limited to Integro Group
Birketts, the award-winning, top 100 law firm based in the East of England, has advised on the disposal of Howard Global Insurance Services Ltd and the wider Howard Global group to the Integro Group, an international insurance broker and risk management firm based in the US. The financial value of the acquisition was not disclosed.
Howard Global, a Lloyd’s-registered broker headquartered in London, specialise in the provision of bloodstock insurance worldwide.
Birketts acted for the shareholders of Howard Global Holdings Limited, providing corporate, property, tax and employment advice.
David Howard, CEO of Howard Global commented: “Birketts’ corporate team has a detailed clear understanding of the legal challenges and implications of operating in the insurance sector. They have been invaluable in their advice and commercial experience in helping us to realise our long term ambitions.”
Nick Burnett, who led the Birketts team on the transaction, said: “This deal required a thorough understanding of our clients' business and their priorities, as well as the need for experience in the insurance sector.”
“The work was primarily carried out by the Chelmsford team, particularly Richard Pooley and Heidi Jones on the corporate side, with further involvement from Clare Barlow in employment, Karl Pocock in the corporate tax team and Matt Grindley in property.”
The deal will allow Howard Global Insurance Services to maintain their position as the leading bloodstock broker, while continuing to expand its book of accident and health, life and other related products.
Birketts was recently recognised as ‘corporate and commercial regional firm of the year’ at The Legal 500 UK Awards and ‘corporate law firm of the year’ at last year’s Dealmakers Awards.