Initial public offering

Hastings Group founding shareholders

Our London office has advised the founder shareholders in Hastings Group, one of Europe’s fastest growing insurance businesses, in connection with an initial public offering that valued the company at £1.1 billion.

In 2013, Our attorneys had previously advised the Hastings founder shareholders on the sale of a 50 percent stake to Goldman Sachs’ private equity arm.

Neil Utley, former chairman and a founding shareholder of Hastings, commented: “Once again, the team impressed with their expertise, responsiveness and commercial approach. We have certainly benefited from their guidance and counsel on this transaction and on the original sell down to Goldman.”

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