A new venture for QPI Legal Limited and another disposal done for the EMW corporate team
“As a firm we’ve known Phil and Richard from QPI Legal for many years. We were really pleased to work with them on the exit of their business, one which they have built up from scratch to the success that it is today.”
We recently acted for the shareholders of QPI Legal Limited on the sale of their insurance brokering and risk management business to PIB Group Limited.
QPI Legal Limited has become a leading specialist brokering and risk management company, which provides professional indemnity insurance to the legal profession.
The acquisition by PIB Group Limited marks the fourth investment since a significant stake in PIB Group Limited was acquired by the global alternative asset manager The Carlyle Group in December 2015. The acquisition of QPI Legal Limited will allow for further growth of and investment in the QPI name and brand.
Philip Edwards and Richard Grayson, the directors of QPI Legal Limited, comment: “Having built our business over 16 years, the decision to sell our equity was a significant one and the appointment of our legal advisors was a crucial decision. Our own clients trust and depend upon our expertise and professionalism and we applied exactly the same criteria to EMW. Simon and James were excellent throughout. Clear communications and decisive advice made what was a stressful experience less so. I have no hesitation in recommending EMW; a first class firm providing a modern, empathetic and technically excellent service.”
This deal further expands EMW’s proficiency in insurance sector business acquisitions and disposals.
If you would like to find out more about this deal, please get in touch with Simon Arkell.