BDO acted as lead advisers to the shareholders of Arc Legal Assistance Limited (“Arc Legal”) on the sale of the company to AmTrust International.
Arc Legal is a specialist managing general agent and leading provider of legal expenses insurance and assistance products in the UK and Republic of Ireland. Managing over 14 million legal expenses policies covering personal, motor, commercial, affinity, property, travel and leisure risks, Arc’s products are distributed in partnership with insurance companies, brokers, financial institutions and affinity groups. AmTrust is one of the market’s leading specialist legal expenses insurers.
The successful sale of Arc Legal further extends BDO's M&A credentials in the insurance sector.
BDO worked with the shareholders over a long period of time to review and evaluate options available to the business. During this time they effectively became a valued element of our management team, gaining an in-depth understanding of our business and advising on strategic decisions, always with a view to securing the long term future of the business rather than a short term focus on completing a transaction. Their approach throughout was expert, professional and sensitive and I would have no hesitation in highly recommending them.
Helen Withers, Director of Arc Legal Assistance Limited