XPS Group Acquires Polaris Actuaries and Consultants

Deal News | Feb 26, 2025 | TLT

XPS Group Acquires Polaris Actuaries and Consultants

National law firm TLT has successfully represented FTSE 250 entity XPS Group in its latest acquisition venture, acquiring Polaris Actuaries and Consultants Limited. Polaris is renowned for delivering top-tier insurance, risk, and regulatory consulting services, particularly in actuarial domains, primarily serving major insurance clients in the UK. This acquisition aims to amplify XPS's footprint in the insurance consultancy space, especially by leveraging Polaris's established relationships and existing Master Services Agreements with significant UK insurers. TLT's comprehensive legal assistance encompassed all deal-related intricacies, ensuring the harmonious merging of operations to facilitate XPS's strategic growth plans in their insurance consulting division. Corporate partner Alice Gardner, alongside her adept team, expertly negotiated the transaction, maintaining timely adherence to strict deadlines through cohesive collaboration with XPS and axial advisors. This marks the second substantial transaction TLT has brokered for XPS, previously guiding them in the sale of the National Pension Trust earlier in 2023.

Sectors

  • Consulting
  • Legal Services
  • Insurance

Geography

  • United Kingdom – Both XPS Group and Polaris Actuaries are UK-based, and the transaction directly impacts the UK insurance and consulting market.

Industry

  • Consulting – The acquisition involves consulting services, specifically within insurance, actuarial, and regulatory consulting sectors.
  • Legal Services – TLT's role as legal advisor highlights the significance of legal services in facilitating corporate transactions.
  • Insurance – Both XPS and Polaris operate heavily in the insurance sector, providing consulting services to insurers.

Financials

    Participants

    NameRoleTypeDescription
    XPS GroupBuyerCompanyA FTSE 250 company specializing in pension and insurance consulting services.
    Polaris Actuaries and Consultants LimitedTarget CompanyCompanyProvides insurance, risk, and regulatory consulting services with a focus on actuarial expertise.
    TLTLegal AdvisorCompanyA national law firm advising XPS Group on the legal aspects of the acquisition.
    Alice GardnerCorporate PartnerPersonLed the TLT team handling the acquisition for XPS Group.
    Zoe AdlamGeneral CounselPersonGeneral Counsel at XPS Group, overseeing legal aspects of the acquisition.