Deal value: £20m
Supercover is a niche, gadgets and “smart products” insurance agent. Our MD, Darren Murphy, advised the shareholders on their sale to international group, Markerstudy.
Darren identified the buyer, negotiated pricing and structure and project managed the transaction through to a successful completion.
“Darren analysed our financial data and market position in detail and used this information to negotiate us a premium valuation in line with our expectations. We were very impressed with his ability to negotiate a commercial position on all of the key issues that arose through the process and would happily recommend them to other business owners looking to exit.”