Partly Cloudy

Partly Cloudy

max temp: 13°C

min temp: 9°C

Search

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

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

A silhouette shot of 'Sarah', who has spoken about her experience with domestic abuse. Picture: Sarah Lucy Brown

A domestic violence survivor from Suffolk has told how family and friends intervened to help her flee a 13-year abusive relationship that left her “completely beaten”.

Jeremy Head, who took his own life at mental health unit Wedgwood House, in Bury St Edmunds, in 2014. Picture: Ashtons Legal

The sister of a 49-year-old man who was found hanged at a mental health unit in Suffolk has said she begged for help in the weeks leading up to his death.

Lauren Sherwood and Jaimin Patel (centre, arms linked) at Glemhall Hall where they met with suppliers of the St Elizabeth Hospice win a wedding competition. Picture: Echo Alfa

A Colchester couple who won St Elizabeth Hospice’s wedding giveaway last year have pledged their commitment to raising thousands of pounds for the cause in return for their special day at Glemham Hall.

President Vladimir Putin Dmitry Astakhov/ Sputnik, Government Press Service Pool photo via AP

Russian president Vladamir Putin should be offered a state visit, a Suffolk MP has said.

Glasses of fizz

Is a new style of bubbly about to take the supermarket aisles by storm with its mix of two favourite tipples?

Chaos on the trains at London Liverpool Street. Picture: Jon Carney

Two points failures at London Liverpool Street which saw thousands of rail passengers heading towards Ipswich delayed this evening have been fixed.

Broke Hall Community Primary School, Ipswich, had a Tractors in School visit - farmer John Taylor with Kara Bassil. Picture: NIGEL BROWN

Hundreds of youngsters will get close-up to one of the most impressive and hi-tech working vehicles this week – as they take part in a growing education programme.

Silhouette of a domestic abuse victim. Picture: Andy Abbott

A project pledging to give extra support to domestic abuse victims in Suffolk has been awarded hundreds of thousands of pounds in government funding.

Suffolk Constabulary's headquarters in Martlesham Heath, where the 999 control room is based.   Picture: SU ANDERSON

Police in Suffolk have vowed to investigate why the force has the worst rate of abandoned 999 calls in the country.

Traffic on the Orwell Bridge. Picture: Lucy Taylor

A car has broken down in the outside lane which is causing problems for drivers heading towards Ipswich and Bury St Edmunds.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Newsletter Sign Up

Sign up to receive our regular email newsletter
MyDate24 MyPhotos24