Lawrence Stephens recently acted for Lee Cohen and Jill Hamilton in connection with the sale (subject to regulatory approval) of Hamilton Leigh Ltd, an independent commercial insurance brokerage based in Borehamwood, Hertfordshire, to insurance intermediary, Specialist Risk Group (SRG).
The deal was led by Jeff Rubenstein, Head of Corporate and Commercial with assistance from Katherine Zangana, Senior Associate, Charlotte Hamilton, Solicitor and Aashay Knights, Solicitor.
Lee Cohen and Jill Hamilton set up the Insurance Brokerage (Hamilton Leigh) back in 1998. To date the success of the Company has meant that they have achieved steady growth year on year. Hamilton Leigh are a specialist insurance broker with expertise in the motor trade and fast growing technology businesses in the UK.
Hamilton Leigh Ltd becomes the latest in a long line of acquisitions for SRG, joining their retail division Specialist Risk Insurance Solutions (SRIS), which doubled in size last year.
Jeff Rubenstein, Head of Corporate and Commercial comments:
“It was a pleasure to work to work with Lee and Jill and to have supported them throughout the entire process in order to help them achieve a successful outcome for their business. Their responsiveness and determination were certainly contributing factors to the completion of a smooth transaction. I am sure that Lee and Jill will be a great addition and asset to the SRG portfolio of companies.”
Lee Cohen, Founder and Managing Director comments:
“Having built the business over the past 25 years this is a great turning point for us. SRG really understand the market and we believe that they will be able to take the business to new heights. We were delighted to appoint Lawrence Stephens to help us navigate this journey. We are very grateful to Jeff and all his team at Lawrence Stephens for the advice and efficient service we received throughout. We could not have achieved this successful outcome without their support and encouragement and at all times working in our best interests. I would happily recommend them to anyone looking to sell their business”.