Tenzing’s Investment In VIPR


Osborne Clarke has advised private equity firm Tenzing on its investment in VIPR.

VIPR was created after brothers Bob and Rick Brown noticed that insurance industry reports, which contain key policy information, varied hugely in quality. Increasing regulation was forcing greater discipline and scrutiny across the market, and the brothers saw an opportunity. They believed that through standardising and validating the information contained in these reports, they could provide a critical service for their clients, which include insurers, brokers and managing general agents (the local operators who underwrite contracts on insurers’ behalf). VIPR’s products help these industry players to capture cost savings, improve data analysis and, ultimately, increase profitability.

Eleven years on, VIPR has grown from three to over 40 employees, and its market-leading insurance software continues to address ever-growing compliance and regulatory burdens. The business has delivered steady and consistent growth, with revenues growing at over 30% over the last twelve months.

The Osborne Clarke team which advised Tenzing was led by Partner Tim Hewens (Picture) and included Associate Director Pippa Byrne, Senior Associate Rob Pook, and Associates Hannah Rossi, Alex Littlefield and Charles Sunley. Partner David Nisbet, Senior Associate Luolan Dong and Associate Emily Clarke provided tax advice. Associate Lara Flynn provided employment advice with Senior Associate Laura Hanley providing banking advice.

Involved fees earner: Pippa Byrne – Osborne Clarke; Emily Clarke – Osborne Clarke; Luolan Dong – Osborne Clarke; Lara Flynn – Osborne Clarke; Laura Hanley – Osborne Clarke; Hannah Rossi – Osborne Clarke; Tim Hewens – Osborne Clarke; Alex Littlefield – Osborne Clarke; David Nisbet – Osborne Clarke; Robert Pook – Osborne Clarke; Charles Sunley – Osborne Clarke;

Law Firms: Osborne Clarke;

Clients: Tenzing Private Equity;