Slater & Gordon and Parabis have both unveiled major plans for UK expansion this week, in the latest examples of consolidation in the tightly fought UK personal insurance (PI) market. Australia-listed Slaters, which last year entered the UK through the £53.8m takeover of Russell Jones & Walker (RJW), is set to continue its push into the market with the proposed A$35.5m (£23.4m) triple acquisition of UK firms Simpson Millar, Goodmans Law and the PI practice of Taylor Vinters. Slaters has agreed terms on the three purchases, with the deals expected to be completed between August and December, while the firm is also expecting to make further acquisitions over the next six to 18 months.
May 09, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Slaters plans triple buyout while Plexus-Greenwoods tie-up set to create £90m defendant insurance business
Slater & Gordon and Parabis have both unveiled major plans for UK expansion this week, in the latest examples of consolidation in the tightly fought UK personal insurance (PI) market.
Presented by BigVoodoo
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Candidates should ...
We are seeking an attorney to join our corporate and transactional practice. Candidates should have a minimum of 8 years of general corporat...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
