GAB Robins UK confirms MBO
The transaction follows the recent sale by Brera Capital Partners, LLC of GAB Robins' international operations to Cunningham Lindsey Group, LLC, which is an affiliate of Stone Point Capital. Through a recapitalisation plan, GAB Robins UK will become an owner-managed business.
The terms will remain private, and the transaction is expected to be completed by the end of the first quarter of 2009.
Kieran Rigby, chief executive officer of GAB Robins UK, said: "We believe this change will secure the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Management
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- Analysis: Is the Intact takeover of RSA UK good or bad news for brokers?
- News analysis: Never the same again?
- Kingfisher hits Fresh sellers with allegations of deceit
- Mint Insurance Brokers joins James Hallam's AR network
- CII says government can’t offer “zero failure” insurance regime
- Broker Exchange: Hard market issues exacerbated by "rowing back"of local decision making
- Broker Exchange: How has Covid-19 impacted the UK economy?