BMS Group Expands with Rasher Acquisition
Deal News | Dec 13, 2024 | Iberian Lawyer
Pérez-Llorca, a prominent law firm, has provided legal counsel to BMS Group, an independent broker with a specialty in insurance and reinsurance, during its acquisition of Rasher, an insurance broker headquartered in Spain. This transaction is pending regulatory approval. Rasher, known for its expertise in surety, credit, and risk management, brings a highly specialized team of 90 employees and extends BMS Group's capabilities in Europe and Latin America. With offices across several Spanish cities and subsidiaries in Colombia and Peru, Rasher's inclusion is expected to enhance BMS Group's strategic growth, particularly in the global infrastructure and construction sectors. The Pérez-Llorca advisory team comprised specialists in insurance, labor, tax, and intellectual property law, highlighting the multifaceted nature of this acquisition.
Sectors
- Insurance
- Financial Services
- Legal Services
Geography
- Spain – Rasher is headquartered in Spain and has substantial operations there.
- Colombia – Rasher has a subsidiary in Colombia, expanding BMS Group's reach in Latin America.
- Peru – Rasher's presence in Peru contributes to BMS Group's expansion in Latin America.
Industry
- Insurance – The article involves companies specializing in insurance and reinsurance brokerage services.
- Financial Services – BMS Group and Rasher operate within the financial services sector, focusing on risk management solutions.
- Legal Services – Pérez-Llorca, a law firm, played a crucial role in advising on the acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| BMS Group | Bidding Company | Company | An independent broker specializing in insurance and reinsurance. |
| Rasher | Target Company | Company | An insurance broker with expertise in surety, credit, and risk management. |
| Pérez-Llorca | Legal Advisor | Company | A law firm providing legal advisory services for the acquisition. |