PSC Insurance Group goes public

A global firm has advised on the IPO of an insurance intermediary business.

Felicity Nelson • 31 December 2015 • Big Law

Firms: DLA Piper (PSC Insurance Group)

Deal: PSC Insurance Group launched a $43 million initial public offering and listing on the ASX.

Area: IPO

Value: $43 million

Key players: The DLA Piper team was led by partners Catherine Merity (pictured) and Samantha O'Brien, supported by senior associates Rosamond Sayer and Matthew Parkinson and solicitors Alexander Samson, Elizabeth Clare and Rube Uthayakumar.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Lawyers Weekly. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Deal significance:

According to a release by DLA Piper, the PSC Group is an insurance intermediary business comprising a portfolio of businesses ranging from start-ups to mature businesses across Australia, New Zealand and the United Kingdom.

Founded in November 2006, PSC Group initially owned a single general insurance broking business and has since grown, operating 21 separate businesses.

The transaction also involved the roll-up acquisition of minority interests in 21 subsidiaries concurrently with the IPO, in addition to three pre-IPO acquisitions of insurance services businesses.

VIEW ALL

We're evolving — and so should your insights. Heads up — Lawyers Weekly is going premium from 1 May for just $5 a month. Stay informed without missing a beat. More information coming soon.

You need to be a member to post comments. Become a member for free today!

Lawyers Weekly - legal news for Australian lawyers

SECTIONS

MORE

PSC Insurance Group goes public

OUR PLATFORMS AND BRANDS

EVENTS AND SUMMITS

PODCASTS

LEARNING AND EDUCATION

MOMENTUM MARKETS NETWORK

LINKS

STAY CONNECTED