The deal sees Clear acquire Brokerbility Holdings and its subsidiaries, meaning the combined group now handles over £200M in premiums and employs over 400 people across 10 offices. Clear is backed by ECI Partners.
PKF Littlejohn performed a comprehensive financial due diligence exercise for Clear, carried out by our Transaction Advisory team in London led by John Needham and Will Lanyon.
“We engaged PKF to undertake financial due diligence for our most recent acquisition. They kept us up to date with issues and were insightful in their analysis. Overall, they made a really valuable contribution and ensured we got our deal over the line.” Howard Lickens, CEO | Clear Insurance Management
“It was a pleasure to work with the Clear, Brokerbility and ECI teams on this transaction. We knew the deal was really important to all parties and we worked closely with the businesses and the other advisors to get the deal done as smoothly as possible. We look forward to seeing the combined group do great things in the future” John Needham, Partner | PKF Transaction Advisory