The Financial Services M&A team at BDO LLP has recently advised the shareholders of Academy Insurance Group on their successful sale to the Management Team.
Academy is a highly successful, regional insurance broking Group which provides cover to local communities and regional markets, serving personal and SME clients. Academy offers a traditional and service orientated approach through its network of regional offices with an extensive portfolio of insurance products covering private motor, commercial vehicle, household, property, travel and business insurance.
The transaction further strengthens BDO’s extensive credentials in the insurance broking and claims management sector and our specialist insurance M&A team have significant experience in advising shareholders and companies on disposal, acquisition and fund raising transactions.
BDO have been our chosen adviser for many years. During this time they have worked closely with both the shareholders and management and have effectively become a valued member of our team.
Their understanding and knowledge of the insurance market and M&A transactions was invaluable during this process. Their flexible, practical and commercial approach was demonstrated throughout negotiations and at all times they were both professional and personable. We look forward to continuing our relationship with them as the business grows.
Kevin Munn – Director and Shareholder