Founded in 2011, Kent-based InEvexco provides insurance solutions in the event, exhibition and conference space. Placing in the region of £10m gross written premium (GWP), the 19-strong team will remain in their current roles and continue under the leadership of managing director Mark Clayton, operations director Shelley Crocker and divisional director Mark Blair.
Talking about the sale, Mark Brooks, Head of Corporate Finance and Director at Rickard Luckin said: “It was a pleasure to advise InEvexco’s Management Team on the sale of the company to AssuredPartners. The sale, and work undertaken across our multi-faceted teams (Private Client, Corporate Tax and Corporate Finance), really demonstrates how Rickard Luckin can deliver excellent, proactive and timely solutions to our clients. I look forward to the watching InEvexco continue to thrive with AssuredPartner’s backing.”
Mark Clayton, Managing Director of InEvexco said: “Deciding to sell is never an easy decision but we knew from the beginning that we were in safe hands. The personal nature of the team at Rickard Luckin and their ability to explain complex procedures and legislation in layman’s terms really sets them apart.”
AssuredPartners is one of the fastest-growing, independent insurance agencies in the United States, UK and Ireland. Founded in 2011, AssuredPartners has acquired in excess of 400 agencies, with offices in four countries and is one of the largest independently owned brokers in the world.
Palmers Solicitors (Matthew Johnson) provided legal assistance on the sale.