0370 270 6000

Law firm completes sale of Europ Assistance UK to management

11 May 2012

Browne Jacobson has acted for Europ Assistance Group on the sale of its UK and Ireland assistance and insurance arm to management for an undisclosed sum.

The corporate team, led by partner Richard Cox, advised the French owned parent company on the sale to management led by non-executive director Tim Ablett and chief executive Patrick Leroy.

The sale will see the business operate as an independent entity offering a comprehensive range of assistance and related insurance services while retaining access to Europ Assistance Groups worldwide network.

With a global turnover exceeding £1bn Europ Assistance Group is one of the worlds leading providers of travel, motor, home & family, and health assistance solutions and insurance related services.

Established in 1963 the company currently serves over 30 million customers and operates in over 200 countries.

Other advisors included Fenchurch Advisory Partners acting for the sellers and Lawrence Graham who advised management.

Europ Assistance Group is a subsidiary of Italian insurance group Generali.

Focus on...

Press releases

Bishopsgate and Browne Jacobson advise on US firm’s acquisition of Notts based tech services business Custard

Bishopsgate Corporate Finance and law firm Browne Jacobson have jointly advised on the acquisition of award-winning tech solutions business, Custard Technical Services by US managers services and cyber security provider, Thrive.


Press releases

Browne Jacobson corporate tech lawyers advise Agilico on significant acquisition of managed print services specialist

Browne Jacobson’s corporate technology dealmakers have advised Agilico, a workplace technology business, on its acquisition of Capital Document Solutions Limited for an undisclosed amount.


Press releases

Browne Jacobson advise environmental giant Suez on its £2bn international acquisition of former waste management business

Browne Jacobson’s lawyers have advised Suez SA and its shareholders on its acquisition of its former UK waste management business – Suez R&R UK - from French headquartered business Veolia for an enterprise value of £2 billion.


Press releases

Browne Jacobson’s Private Equity specialists advise Palatine on key CTS exit

Browne Jacobson’s national private equity (PE) lawyers have advised leading mid-market PE investment firm, Palatine Private Equity (Palatine) on its exit from CTS Group, the fast-growing specialist in testing, inspection and geoengineering consulting services to the construction and infrastructure sectors.