HFW advises Markerstudy on acquisition of Brightside

Global, sector-focused law firm HFW has advised Markerstudy Group on its acquisition of top 30 UK insurance broker Brightside Group from private equity firm AnaCap Financial Partners.

The acquisition adds more than £125 million to Markerstudy’s Gross Written Premium.

HFW’s team advising Markerstudy was led by Ashwani Kochhar and also included Dominic Pereira, Laura MacLean, Frank Walters and William Reddie.

HFW has significant experience in insurance M&A and previously advised Markerstudy on its £185 million acquisition of the Co-op’s insurance underwriting business, CIS General Insurance Limited.

Insurance and reinsurance is one of HFW’s six core sectors globally, with a specialist team of 23 partners and more than 75 lawyers across the Americas, Europe, the Middle East and Asia-Pacific.

The firm’s market-leading practice offers a comprehensive range of dispute resolution, transactional and regulatory legal services to clients across the industry, including insurance and reinsurance companies; policyholders; captives and mutuals; brokers and other intermediaries; managing agencies and MGAs; TPAs and other service providers.