31 Aug 2017

Stephenson Harwood advises on the sale of Equinox to Nexus

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Law firm Stephenson Harwood LLP has advised the shareholders of Equinox Global Ltd, including Beazley Investments Limited, on the sale of the company to Nexus Group, an independent Specialty Managing General Agent.

Equinox, a trade credit insurer, was established in 2009 and has offices in London, New York, Paris, Hamburg and Amsterdam. Its founding shareholders and management team, consisting of Steen Parsholt, Mike Holley, Rob Crampton and Vicki Harrison, will stay in place as part of the deal, and Beazley will continue to support the company in its underwriting capacity.

"We were pleased to advise the shareholders of Equinox on this exciting transaction," said Sam Gray, partner, Stephenson Harwood. "Our longstanding experience of advising on transactions in the insurance market enabled us to bring a wider commercial understanding to the deal."

The Stephenson Harwood team was led by corporate finance partner Sam Gray, who was supported by associates Ciara Stratford and Matthew Peters.

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