Markerstudy’s £400 Million Acquisition of BGL Insurance

In UK Dentons, advised on the matter.

Dentons advised BGL Group with a team including Anna Copeman (Commercial Law), Andy Lucas (Commercial Law), Christopher Graf (Competition Law), Adrian Magnus (Competition Law), Nicholas Plant (Picture – Corporate M&A), Virginia Allen (Employment), Eleanor Hart (Employment), Edward Hickman (Finance), Martin Mankabady (Insurance), Grey McEneny (Insurance), Alex Tostevin (Tax M&A and Deal Advisory).

CompareTheMarket owner BGL Group executed the sale of BGL Insurance, a digital distributor of insurance and household financial services, to Markerstudy. The transaction is subject to regulatory approval and is expected to complete during the first half of 2022. 

Markerstudy Insurance Services Limited (MISL) is one of the largest Managing General Agents in the UK.

The Dentons team advising BLG Group was led by Nicholas Plant (Picture) with support from Corporate senior associate Geraint Steyn, Corporate associate Lara Ali, Competition partners Adrian Magnus and Christopher Graf, Insurance partner Martin Mankabady, Regulatory partner Grey McEneny, TMT partners Andy Lucas, Tatiana Kruse and Anna Copeman, TMT associate Sam Caunt, Tax partner Alex Tostevin, Tax associate Ivan Jelocnik, Banking partner Edward Hickman, PRM partner Virginia Allen, PRM associate Victoria Middleditch and Pensions partner Eleanor Hart.

Involved fees earner: Lara Ali – Dentons; Virginia Allen – Dentons; Sam Caunt – Dentons; Anna Copeman – Dentons; Christopher Graf – Dentons; Eleanor Hart – Dentons; Edward Hickman – Dentons; Ivan Jelocnik – Dentons; Tatiana Kruse – Dentons; Andy Lucas – Dentons; Adrian Magnus – Dentons; Martin Mankabady – Dentons; Grey McEneny – Dentons; Victoria Middleditch – Dentons; Nicholas Plant – Dentons; Geraint Steyn – Dentons; Alex Tostevin – Dentons;

Law Firms: Dentons;

Clients: BGL Group;

Author: Giulia Di Palma