Rosenblatt acted for Compass Broker Holdings Limited, a new company set-up by the existing managers of the Compass Network Business in connection with the acquisition by Compass Broker Holdings of the Compass London Markets Business and Compass Broker Networks Business from A J Gallagher Insurance Brokers.
Compass is a UK insurance broker which includes a Lloyds wholesale brokerage, a retail insurance brokerage and a network membership business.
John Lincoln, managing partner of Compass, stated: “Today marks the beginning of a new and exciting chapter in Compass’ story of growth as we look forward to continuing our strong support of the UK’s broker community as an independent business. Our focus and commitment remains the same – to deliver what our expanding community of members needs to achieve their own growth ambitions, through the same high quality, dedicated and professional team of seasoned network specialists, as well as providing them with access to our London market placement operation for difficult or complex risks.”
The Rosenblatt team was led by Jon Lovitt, Corporate Partner, who was assisted by Robert Black, Corporate Assistant, Andrea London, Employment Partner and Selina Clifford, Commercial Assistant.