RPC has advised Right Choice Holdings on its acquisition of Bennetts Motorcycling Services from The Ardonagh Group.
Bennetts will be a sister company to Right Choice Insurance Brokers, a motor insurance broker specialising in non-standard risks.
RPC Partners Matthew Griffith and James Mee led the RPC team on behalf of Right Choice Holdings. Herbert Smith Freehills led by Partner Barnaby Hinnigan advised Bennetts Motorcycling Services.
Mark Mugge – group chief financial officer at Right Choice Holding said: "This is an exciting acquisition for Right Choice. The Bennetts brand is well established and the deal forms part of our strategy of offering best in class specialisms to our customers and to enable our people to flourish. It was a great to work with the RPC team and leverage their expertise in doing deals in the insurance M&A market."
Bennetts was established in 1930 and is one of the UK's largest motorcycling insurance brands, servicing 200,000 motorcyclists across the UK.
Printed Copy:
Would you also like to receive CIR Magazine in print?
Data Use:
We will also send you our free daily email newsletters and other relevant communications, which you can opt out of at any time. Thank you.
Recent Stories