The shareholders of Lloyd Latchford Group have completed the sale of the entire issued capital to the Ardonagh Group. B P Collins acted for the shareholders of Lloyd Latchford Group on the sale with partner David Smellie leading on behalf of the firm.
Lloyd Latchford Group is a specialist retail broker with a particular focus on the motor sector. It has been trading for over 20 years and manages over 12,000 policies a month including car, driving instructor, commercial and home insurance via digital platforms and its customer contact centre based in Princes Risborough, Buckinghamshire.
Tim Hutton, Founder and Managing Director of Lloyd Latchford Group, commented: ”The Lloyd Latchford Group team has delivered significant growth over the last three years, and being part of the Atlanta group, with access to some of the best people, systems and pricing capability within the industry, will only help us to continue that growth and accelerate our plans and we are very much looking forward to the future.”
“We see a huge opportunity to grow as part of a wider group and are already discussing some significant partnerships. We are very much looking forward to an Atlanta future.”
David Smellie, partner in the corporate commercial team at B P Collins said: “We are delighted to have worked so closely with Tim Hutton and Trevor Lloyd and the other shareholders to complete this deal which will enable the company to achieve its next step in its plans for growth.”
About B P Collins
B P Collins has been established for 54 years and offers legal advice to businesses throughout their lifecycle often becoming ‘lawyers for life’. The firm has 15 partners and over 100 staff operating from a headquarters in Gerrards Cross and offering advice across the City of London. The corporate commercial legal team are ranked TOP TIER by independent legal directory The Legal 500 UK 2021 with the team’s lawyers independently recognised as ‘leading individuals’ and ‘key lawyers.’ For more information visit bpcollins.co.uk, call 01753 889995 or email enquiries@bpcollins.co.uk.
