Wedlake Bell advises Marshall Wooldridge on acquisition of RIB Group
09 / 11 / 2020
City law firm, Wedlake Bell, has advised Marshall Wooldridge (the Yorkshire hub for Global Risk Partners) on its acquisition of RIB Group, one of South Yorkshire’s leading independent insurance brokers.
RIB Group (Rotherham Insurance Brokers) has 50 years’ experience in commercial lines, personal lines and high net worth schemes. Its Chairman John Jesson, three directors and 35 employees will remain with the business and will continue their work across the RIB Group client base.
The transaction was led by Wedlake Bell Corporate Partner, Nigel Taylor who was assisted by Associates Stephanie Ayre and Omar Amin, with Mike Ridsdale advising on tax issues. The acquisition also required support from the Wedlake Bell property, employment, pensions and IP/IT practices.
Nigel Taylor, Corporate Partner at Wedlake Bell, comments: “We are pleased to have secured a second successful acquisition within four weeks for Marshall Wooldridge as it looks to achieve its impressive growth plans.
“Drawing on expertise across the firm, it demonstrates the collaborative approach we take in order to achieve client objectives.”