Brooks Braithwaite Insurance Brokers Sold to Partners& Group
Deal News | Dec 01, 2024 | Cripps
Cripps Corporate insurance M&A team has successfully advised the shareholders of Brooks Braithwaite Insurance Brokers on its acquisition by Partners& Group. The transaction further consolidates Partners&’s position in the insurance sector, with backing from US private equity firm Capital Z. The legal team at Cripps, under the leadership of corporate partner Lowri Jones, provided comprehensive legal support, ensuring the transaction was smooth and efficient due to their familiarity with Partners&’s structure and documentation. Michael Brooks, a representative of Brooks Braithwaite, expressed gratitude for Cripps' professionalism in managing the sale.
Sectors
- Insurance
- Private Equity
- Mergers & Acquisitions
Geography
- United Kingdom – Cripps is a UK-based law firm, indicating the geographical relevance.
- United States – The private equity firm Capital Z backing Partners& Group is based in the US.
Industry
- Insurance – The article discusses the acquisition of Brooks Braithwaite Insurance Brokers, making it relevant to the insurance industry.
- Private Equity – Partners& Group is backed by US PE investor Capital Z, indicating involvement by the private equity industry.
- Mergers & Acquisitions – The article covers the M&A activity involving Brooks Braithwaite Insurance Brokers and Partners& Group.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Cripps | Legal Advisor | Company | Cripps is a law firm providing legal services in the transaction. |
| Brooks Braithwaite Insurance Brokers | Target | Company | An insurance brokerage firm acquired by Partners& Group. |
| Partners& Group | Bidding Company | Company | An insurance group acquiring Brooks Braithwaite Insurance Brokers. |
| Capital Z | Private Equity Investor | Company | A US-based private equity firm backing Partners& Group. |
| Lowri Jones | Lead Partner | Person | Corporate partner at Cripps leading the M&A legal team. |
| Michael Brooks | Client | Person | Representative of Brooks Braithwaite Insurance Brokers. |