Beauchamps team advises Ireland’s largest non-life insurance broker on buyout

A team of lawyers at Beauchamps Solicitors advised one of Ireland’s largest non-life insurance brokers in relation to the buyout of its business by its senior management.

Shaun O’Shea, partner and head of corporate & commercial / M&A, led the team advising the owners of Arachas on a buyout backed by Sovereign Capital Partners LLP.

Mr O’Shea (pictured) was supported by associate solicitor Tim McDowell and solicitor Maria O’Brien, while Dermot Casserly, partner and head of employment & benefits, and associate Triona Cody advised on the employment aspects of the deal.

This deal is important to Arachas as the financial backing from Sovereign allows Arachas to grow its business further though a combination of organic growth and bolt-on acquisitions.

Sovereign, which operates a “buy and build” strategy to help investee companies grow, has invested in more than 240 transactions since it was established in 2001.