Arnold & Porter Kaye Scholer Advises Acuity Investments LLP on Acquisition of the Outsourcing, Consulting Businesses of Pro Global Insurance Services Plc
Arnold & Porter Kaye Scholer's London Private Equity team has advised Acuity Investments LLP on the acquisition from Pro Global Insurance Solutions plc of its outsourcing and consulting businesses.
With operations in the UK, US, Germany and South America, Pro Global Insurance Services plc (Pro) is a global service provider and consulting company focused solely on the insurance and reinsurance industries.
Established in 2014, Acuity is an investment partnership focused on buying companies in the financial and insurance sector. The Arnold & Porter Kaye Scholer team in London has acted for them since establishment and, prior to that, had worked with the Acuity investment principals for over 15 years during their time at Bregal Capital LLP.
Adam Barron, managing partner at Acuity, said: "We are delighted to invest in Pro, a well-established provider of services to the financial services industry. Arnold & Porter Kaye Scholer, our trusted advisors, worked with us through the transaction to its successful completion, providing us not only with the legal advice we required but also with strategic and commercial guidance."
The Arnold & Porter Kaye Scholer team was led by London partner Andrew Harris and included associates Andrew Ross and Tom Wilson. Arnold & Porter Kaye Scholer partner Henry Clinton-Davis provided support on employment issues.