Sale of Minority stake in Lycetts

Lycetts_2009_v2Lycetts is a leading independent commercial insurance broker specialising in farms & estates, HNW property and bloodstock insurance and financial services. Ecclesiastical Insurance Group emerged as Lycetts preferred partner after a review of Lycetts strategic options.

Key features of the transaction:

The transaction preserves the operational independence of Lycetts and was negotiated and completed against the backdrop of extremely volatile and difficult conditions in the global financial markets.

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