Nabarro is advising Numis Securities, as nominated adviser and broker, on the £17.9m placing, including a broker option, for AIM-listed Randall & Quilter Investment Holdings Limited.
Randall & Quilter is a specialist non-life insurance investor, underwriting manager, captive manager and service provider.
The net proceeds of the placing are intended to be used to help grow the company’s legacy acquisition activity and fronting fee generation by capitalising on opportunities driven by regulatory changes impacting large underwriters globally, macroeconomic effects and separation of distribution from underwriting capital.
Nabarro has advised with a team including Alasdair Steele (Picture), Iain Newman, Jack Shepherd, Charlotte Williams, Pauline Howcroft and Emmanuelle Ronez.
Involved fees earner: Alasdair Steele – Nabarro LLP; Iain Newman – Nabarro LLP; Jack Shepherd – Nabarro LLP; Charlotte Williams – Nabarro LLP; Pauline Howcroft – Nabarro LLP; Emmanuelle Ronez – Nabarro LLP;
Law Firms: Nabarro LLP;
Clients: Numis Securities;