Sam has particular experience of transactions involving insurance brokers and managing general agencies. He has advised clients on numerous joint ventures, financing transactions, acquisitions and disposals in this arena. His clients include London market brokers, international risk management businesses and management teams.
Sam's transactional experience includes the following:
The acquisition of Heath Lambert Group (HLG Holdings) for £97 million from its management team, banks and private equity owners.
The acquisition of Giles Insurance Brokers Limited the commercial retail, personal lines and wholesale underwriting specialist for £233 million from funds managed by Charterhouse Capital Partners.
The acquisition of The Oval Group, the commercial broking and financial services business headquartered in London with 24 office locations for £199 million from funds managed by Caledonian Investments and other strategic investors and employee shareholders.
The investment by Allied World Assurance Company in Gravity Underwriting Limited, the specialist Lloyds managing general agency.
The acquisition of SMEi Insurance Group, the independent broker specialising in commercial insurance to small and medium-sized enterprises across the UK.
The acquisition of Acumus Limited, an insurance broker specialising in the housing association sector. The acquisition included the acquisition of the core shares in Igloo Insurance PCC Limited, a Guernsey based protected cell company.
The acquisition of Evolution Underwriting the managing general agency which provides commercial insurance products to independent retail broker clients.
Advising Tasker Ventures Limited, an insurance broker backed by funds managed by Alcuin Capital LLP, on its acquisitions of Maestro Insurance Services Limited, Target IT Limited and the business and assets of Gresham Underwriting and LMI Insurance Brokers.
The acquisition of Blenheim Park Limited, a retail insurance broker specialising in second and holiday home insurance in the UK and abroad.
The acquisition of the reinsurance broking business of Execution Noble, a subsidiary of Espirito Santo investment bank which specialised in collateralised property cat reinsurance, speciality reinsurance and capital relief products.
The acquisition of the property and commercial businesses of Barbon Insurance Group, including the broking brands, Deacon, Farr, Cadogan Keelan Westall and Keelan Westall. As part of the same transaction OIM Underwriting acquired Zenor Limited, a specialist managing general agency.
The acquisition of Belmont International, a market leading insurance broker specialising in passenger transportation and employee benefits.
More: Insurance brokers
Sam has been focused on the technology space for a number of years and has a broad range of experience. He is particularly interested in the connection between financial services and technology and has advised on numerous deals in the fintech space. His experience includes:
Advising software One, the software licensing experts.
Advising a UK Challenger Bank on its early stage funding rounds.
Advising Orange Growth Capital on numerous investments in UK based fintech businesses.
Advising a high net worth individual on investments in numerous UK based technology businesses, covering Social Media, Big Data and Telematics.
Hotels and leisure
Sam has notable experience in the beverage sector where he has acted on numerous transactions. His key experience includes:
Advising Al Tayyar Travel Group Holding Company, a Saudi listed global travel group, on its acquisitions of Elegant Resorts Limited and Co-operative Travel Management Limited from Thomas Cook Group plc.
Advising C&C Group plc on its acquisition of The Gaymer Cider Company for £45 million from Constellation Brands Inc.
Advising C&C Group plc on its acquisition of Tennent's lager from Anheuser-Busch for £180 million. The transaction included the acquisition of the WellPark Brewery in Glasgow and distribution rights to Becks and Stella Artois in Ireland and Scotland.
Advised the shareholders of Service Dispense Equipment (Holdings) Limited on its acquisition by Innserve Limited, the leading drinks dispense service company.
Advised a high net worth investor on an investment in a coffee capsule business Crukafe Limited.
More: Hotels and leisure
Sam has significant experience of advising on deals in the Healthcare area where his core experience involves acting for management teams, developers and funders of assisted living, retirement villages and care homes.
Advising the management team of Gracewell Healthcare on its £153 million sale to Sunrise Senior Living and Health Care REIT.
Advised on the investment by Moorefield Group in Audley Retirement Villages through a Luxembourg based corporate structure.
Advised on the £600 million refinancing of Caring Homes group and sale of a 17% stake.
Advised the equity arrangements in respect of Tender Life Care, a specialist care home development group.
More: Life sciences