The Corporate team at Birketts has advised private equity client B.P. Marsh & Company Limited on its £2m investment into Salus Capital Partners Limited, a newly formed Insurance Distribution group comprising Scribe MGA Limited and Forte Brokers Limited.
The deal sees B.P. Marsh backing a dynamic new platform that combines both a Managing General Agent (MGA) and a broking arm, positioning Salus Capital Partners for strategic growth in the UK insurance market.
Led by Partner Salim Somjee, with support from Associate Will May, Birketts provided comprehensive legal advice throughout the investment process, ensuring the transaction ran smoothly and efficiently for all parties involved.
Salim commented: “It is great to be working again with B.P. Marsh so soon after its last investment. B.P. Marsh has a fantastic reputation for working collaboratively with the management teams it backs and that is how it delivers the deals as well. I am grateful for the support it has shown Birketts and wish the Salus/Scribe/Forte team all the very best as they embark on this exciting project.”
Dan Topping, Chief Investment Officer of B.P. Marsh, commented: “We are grateful to the team at Birketts for their guidance and support while making this investment. Their professionalism, responsiveness, and deep understanding of the transaction were instrumental in ensuring a smooth and successful outcome. We value their partnership and look forward to continuing to work together in the future.”
This latest deal continues Birketts’ strong track record in advising private equity investors and insurance sector clients on strategic investments and acquisitions.
