Partly Cloudy

Partly Cloudy

max temp: 16°C

min temp: 9°C

Search

East Anglia: Regional law firm Birketts advises insurance software specialist Sequel on HgCapital deal

PUBLISHED: 17:30 23 July 2014

Nigel Thompson of Birketts

Nigel Thompson of Birketts

Bruce Head.bruce@brucehead.com

East Anglian law firm Birketts LLP has advised the shareholders of a leading supplier of software to the insurance and reinsurance sector on its acquisition by private equity firm HgCapital.

Sequel Business Solutions, formed in 1993, is based in Broadgate Tower, in the heart of the City of London’s financial district, with its Eclipse platform being used by a number of major players in the Lloyd’s of London market and the wider insurance sector to run and optimise their operations.

Mario Garcia, managing director of Sequel, said: “This was a great opportunity for the shareholders of Sequel and for Sequel itself.

“We wanted an experienced and dedicated team of lawyers to help us achieve our goal. The team at Birketts met our requirements in all aspects.

“Led by Nigel Thompson and assisted by Laura Ryan, Birketts advised and guided us through a complex transaction which we wanted to negotiate and sign in a short period of time to avoid disruption to the business.

“We knew that we were getting the best advice and support, and this gave us huge confidence in the whole process. It has been a pleasure working with all at Birketts.”

Nigel Thompson, lead partner at Birketts’ Chelmsford office, said: “This was a complex and high value transaction, with a challenging timetable.

“It required resource from a number of teams across the firm. I’m pleased that we met those challenges, and wish future success for all at Sequel as a part of HgCapital.”

Birketts, which also has offices in Ipswich, Norwich and Cambridge, has a total of 56 partners and more than 450 staff, offering specialist skiils in most areas of the law.

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other Ipswich Star visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by Ipswich Star staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique Ipswich Star account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

It may have been a forgettable season finish for Blues fans at Portman Road on Saturday – but one moment of magic should cheer even the most desolate of supporters.

Seven suspected Ukrainian illegal immigrants have been arrested after their yacht ran aground on the Suffolk coast today.

Former Bread star Giles Watling is hoping to make it third time lucky when he tries again to be elected as Conservative MP for Clacton next month.

Ipswich Town’s home campaign finished with a typically forgettable 1-0 defeat to Sheffield Wednesday on Saturday. Blues reporter STUART WATSON gives his verdict.

A critical care nurse is to take on her first ever open-water swimming challenge in memory of her best friend who she lost to meningitis.

One sixth form in Ipswich experienced the glitz and glamour of Hollywood with its own red carpet event last week for its film students.

Shadow Chancellor John McDonnell helped give Ipswich Labour Party a big boost at the start of the General Election as the star guest at the town’s May Day Festival in Alexandra Park.

Could you open your home to one of these cats and dogs all looking for new homes?

A Harris hawk and kestrel have been brought in to frighten them away in Lowestoft.

Shop fitting for the high-end fashion retailer Joules is underway in Ipswich after boards with the shop’s branding were erected last week.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Newsletter Sign Up

Sign up to receive our regular email newsletter
MyDate24 MyPhotos24