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asb law acts for Minority Venture Partners

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The corporate team at asb law has acted for Minority Venture Partners Ltd (MVP) in their strategic investment into Kingsway Insurance Services Ltd.

Established for over 50 years, Kingsway is a family-run business with a large and loyal client base. With MVP’s help and access to new markets, the business plans to expand its specialist commercial insurance products and aims to increase Gross Written Premium (GWP) to £15million within 3 years.

asb law’s team for this deal was led by Partner and Head of Department, Helen Mead, supported by Corporate Finance Solicitor, Nikki Ashfield. Commenting on the deal, Helen said “It was a pleasure to support MVP again with this transaction. Their strategic investment and experience will enable Kingsway to harness new opportunities and continue its successful business growth.”

James McCaffrey, Chief Executive of MVP said: “ Kingsway Insurance is a highly regarded insurance broker and I am looking forward to working with their team to support their future plans. They have developed a superb range of specialist commercial insurance products and along with their reputation as a client focused organisation, it is easy to see why they have been successful for so long.”

The deal ended a busy week for asb law’s corporate team who successfully completed three separate deals on the same day.

Author:asb law