Private equity and banking specialists at Shoosmiths have helped one of the UK's leading private medical and protection insurance brokers secure funding to enable growth of its business both organically and by acquisition.
The Manchester-based team comprising partner Mark Dawson, senior associate Karen Procter, associate Alex Lilley (all corporate); together with banking specialist Graham Hall, acted for the Blackburn and Bridgewater-based group.
Shoosmiths helped its shareholders, including chairman Kevin Amphlett, secure investment from funds managed by the Manchester office of Palatine Private Equity. The shareholders were also assisted by Matt Beckley, a partner at DTE Corporate Finance.
Dawson said: "It was a complex deal that took several months to complete, but it leaves Chase Templeton able to pursue its strong plans for growth in a challenging market."
Shoosmiths' corporate and banking group operates from its Birmingham, Manchester, Milton Keynes, Nottingham, Reading and Southampton offices; led by a team of partners widely regarded as leaders in their field.
It has advised public and private companies, management teams, investors and debt providers right through the business life cycle; from start-up and first round finance to mergers and acquisitions, MBO and MBI transactions and development funding; to exits, whether through sale, listing, or private equity investment.
Founded in 2002 and with 50 staff, Chase Templeton offers advice on private medical and protection insurance for individuals, families and businesses across the UK.