Ashfords has advised Gardian Marine Limited, a London-based specialist marine insurance provider, on its sale to Optio, a UK-based specialty managing general agent (MGA). The sale will strengthen Gardian Marine's service offering and support future growth.
The team was led by corporate partners Andy Young and Andrew Betteridge with support from Chelsey Noone and Julia Wojtaszak, as well as Angus Bauer and Eduard Iamandi from the tax team.
The team advised the shareholders and board on all aspects of the transaction, from initial due diligence through to completion - which included negotiating the sale documentation, managing the transaction timeline, and advising on deal strategy and key terms.
The sale will provide Gardian Marine with the scale, resources and support of a larger specialty insurance group, enabling the insurance provider to enhance its capabilities and continue delivering specialist marine insurance solutions while maintaining its renowned client-focused service.
Guy Tyler from Gardian Marine said: "We are incredibly grateful to Ashfords; their pragmatic approach, dedication, and highly supportive, hands-on guidance throughout the process were instrumental in delivering the successful sale of Gardian Marine to Optio."
Ashfords' corporate team acts on UK and cross-border M&A transactions on the buy-side as well as the sell-side for a range of businesses including large PLCs, international groups, family businesses, professional services firms and entrepreneurs. We work closely with our clients to structure and execute the deal in a way that meets long-term commercial objectives.
For more information please contact our corporate team.
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