Cripps advises Clear Group on its acquisition of Newman Pearce & Partners LLP

Cripps has advised Clear Group (Holdings) Limited (Clear) on its acquisition of Newman Pearce & Partners LLP (NPP), a specialist Lloyd’s wholesale broker with a Canadian subsidiary operating an MGA business. Cripps worked closely with Clear and its advisers throughout the transaction, which aligned with Clear’s continued strategy of expanding its specialist capabilities and international reach.

Ben Nash, M&A Director at Clear Group, said:

“NPP has built an excellent reputation, an impressive international client base and a highly respected team with deep specialist expertise, making it an outstanding addition to the Clear Group. Cripps’ ability to liaise with advisers across different jurisdictions, coordinate multiple workstreams and deliver the transaction within the timetable was impressive. Their commercial approach, responsiveness and attention to detail gave us confidence throughout the process and helped ensure a smooth and successful completion.”

Laura Wilson, lead partner on the transaction, said:

“This was a significant acquisition for Clear and an important step in strengthening its presence in the London Market. The transaction involved international elements and structuring complexities, requiring close collaboration between multiple advisers across jurisdictions. We were delighted to support the Clear team and help deliver another successful acquisition as part of the Group’s ambitious growth strategy.”

The Cripps team was led by Laura Wilson and included Jade Hallam, Frederick Pawlik, Elliot Fry, Elizabeth Robertson and Emily Byrom. Other advisers to Clear included Sicsic, PKF, Parisi and McMillan.