Deal typePrivate Equity & Transaction Services
IndustryFinancial Services
Client nameClear Group (Holdings) Limited
BDO has provided financial, tax and regulatory due diligence services to Clear Group on its acquisition of Spence (Insurance Services) Limited.
Spence Insurance is a family run insurance broker with a 30 year history in Scotland, providing Property, Commercial Motor, Liability and Personal Lines.
The acquisition provides Spence Insurance with access to Clear Group’s wider distribution capability, providing new opportunities for growth and expansion.
The BDO project team included:
Rahoel Patel, Kyri Antoniades, Ritvik Mewari (Financial due diligence)
Lucy Gallagher, Thomas Story, Kieran Bailey (Regulatory due diligence)
Thomas To, Michael Whiteside, Samantha Grace Watterson, Shane Risdell, Rachel Tucker (Tax)
Spence Insurance is a family run insurance broker with a 30 year history in Scotland, providing Property, Commercial Motor, Liability and Personal Lines.
The acquisition provides Spence Insurance with access to Clear Group’s wider distribution capability, providing new opportunities for growth and expansion.
The BDO project team included:
Rahoel Patel, Kyri Antoniades, Ritvik Mewari (Financial due diligence)
Lucy Gallagher, Thomas Story, Kieran Bailey (Regulatory due diligence)
Thomas To, Michael Whiteside, Samantha Grace Watterson, Shane Risdell, Rachel Tucker (Tax)