Michelmores, a well-known law firm, has been instrumental in advising Partners& on a number of significant transactions recently. These moves are part of Partners&’s plan to change the insurance market in the UK.
In early July, Partners& bought Switch Health, a company based in Cheltenham, to strengthen its private medical insurance services for clients. Once again, Michelmores played a key role in this acquisition.
Series of Strategic Acquisitions
Law firm Michelmores has supported leading UK insurance adviser, Partners&, in four significant deals. These acquisitions enhance Partners&’s foothold in the industry.
In early July, Partners& acquired Switch Health, a Cheltenham-based company. This acquisition aims to expand their private medical insurance offerings for clients.
North West Expansion
Partners& further strengthened its position with the acquisition of SEP Insurance in Merseyside. SEP is known for its expertise in commercial vehicle, courier, and taxi risks.
This purchase adds SEP’s locations in Bootle, Chester, and Southport to Partners&’s existing operations in Bolton and Leeds.
Boosting Nottinghamshire Presence
The acquisition of Halo 2018 Limited, trading as Halo Consulting, based in Aslockton, Nottingham, further bolsters Partners&’s portfolio. Halo Consulting offers whole-of-market advice for various insurance products.
Halo has placed millions of pounds worth of risk with insurers for their clients. This acquisition augments Partners&’s advisory services in Nottinghamshire.
Strengthening the North West Further
Earlier this week, Partners& completed the acquisition of Nahla Limited, trading as Personal Health Management. Located in Cheshire, this adds to their strategic presence in the region.
Phil Barton, the group chief executive of Partners&, expressed delight at the successful collaborations and praised the legal team for their expertise.
He said, “We appreciate the commercial and pragmatic approach of our teams. The responsiveness and quality of advice from Michelmores make them our go-to legal advisors!”
Legal Team’s Role
The Michelmores team, led by Partner Adam Kean, played a crucial role in these acquisitions. The team included Associate Ben Adams, Solicitors Harry Jones and Gruff Cartwright, and Paralegal Philippa Kean.
Adam Kean remarked, “Partners&’s acquisitions pave the way for the next stage in their journey. We were excited to help them progress with their strategic focus.”
Future Prospects
The acquisitions signal Partners&’s intent to continue its growth and innovation in the UK insurance market. These strategic expansions are expected to bring more comprehensive services to their clients.
Adam Kean added, “We thoroughly enjoy working with Phil and his team. We always hope to provide sage counsel and excellent service.”
Market Impact
Partners& aims to disrupt the insurance market with its innovative business model. Combining strategic acquisitions with attracting top talent is central to their approach.
Overall Strategy
The recent acquisitions demonstrate Partners&’s commitment to enhancing their service offerings. This strategy not only strengthens their market position but also benefits their clients with more diverse insurance solutions.
Key Takeaways
Partners& continues to make significant strides in the insurance industry with support from Michelmores. These strategic acquisitions highlight their focus on growth and client-centric solutions.
Industry Response
The industry has taken notice of Partners&’s aggressive expansion. Their innovative approach is seen as a potential game-changer in the UK insurance market.
Partners&’s growth strategy is reflective of broader trends in the industry, where innovation and strategic acquisitions play a key role in gaining a competitive edge.
In summary, the recent acquisitions position Partners& as a formidable force in the UK insurance industry. With strategic expansions supported by Michelmores’ legal expertise, Partners& is set to deliver more comprehensive and innovative insurance solutions.
These moves indicate a strong commitment to growth and client-centred services. The path ahead appears promising for Partners& as it aims to disrupt and lead the market. As they continue to acquire and expand, the insurance landscape in the UK could see significant changes.
