Ashcombe advises Hg Capital on acquisition of A

Ashcombe Advisers LLP
50 Albemarle Street
London W1S 4BD
T: +44 (0) 207 529 5800
16th December 2014
Ashcombe advises Hg Capital on acquisition of A-Plan Insurance
Ashcombe Advisers is pleased to announce that it has acted as M&A adviser to Hg Capital on its
acquisition of a majority shareholding in A-Plan Insurance, an independent insurance broker in the
UK.
Founded in 1963, Oxfordshire-based A-Plan provides products from a wide range of insurers,
including SME commercial, motor and home, and high net worth insurance. The Company currently
operates 73 branches nationwide, and serves over 580,000 policyholders.
Andrew Land, Partner at Hg Capital, commented. “We are delighted to be backing Carl Shuker and
his team in this transaction. Insurance distribution has been a key area of sector focus for us, and we
believe we have invested in a true industry champion. We are pleased to have been able to work with
Ashcombe on this transaction."
Andreas Wesemann, Partner at Ashcombe Advisers, commented: “Hg Capital is the right new owner
of this unique franchise and we are pleased to have been able work with Andrew and his team,
drawing on our diverse experience of financial services, including speciality sectors in insurance
underwriting and distribution. This mandate caps a successful year for our firm with eight completed
transactions in financial services with a combined enterprise value of more than £1.7bn.”
___________
Ashcombe Advisers LLP is a corporate finance firm in London, specialising, inter alia, in financial
services, with a particular expertise in banking, speciality finance, insurance and retail wealth
management. Ashcombe advises clients on M&A transactions, disposals, (regulatory) capital raisings,
restructurings and strategic reviews. For more information please contact Andreas Wesemann or
Paul Goodwin, or visit our website at www.ashcombeadvisers.com.
CONTACT DETAILS
Andreas Wesemann, Partner
E:
andreas.wesemann@ashcombeadvisers.com
Paul Goodwin, Partner
E: paul.goodwin@ashcombeadvisers.com