News

Successful sale of insurance brokers thanks to Thames Valley Corporate team

8th November 2022

Led by Rachel Turner, HCR’s Thames Valley Corporate Team recently advised the shareholders of J. Bennett & Son (Insurance Brokers) Limited on its sale to the Jensten Group.

High Wycombe based J. Bennet & Son was established in 1908 and along with its subsidiary company, Oxford based Mathews Comfort & Co Limited, has a reputation for providing expert insurance advice to commercial clients specialising in life sciences and the biomedical field.

Peter Sutcliffe, majority shareholder of J. Bennett & Son, said of the deal: “J. Bennett & Sons is a business that provides high quality client services based on valued heritage and niche specialisms of which Jensten’s values strongly align. When we accepted the offer for sale we knew we needed a legal team that would understand these values and also the highly technical aspects of the deal.”

He was full of praise for Rachel and the team, commenting: “We would like to thank Rachel and the team for their hard work in guiding us through this transaction. With complex regulatory approvals required, their knowledge and eye for detail meant the deal remained focused on the core aspects essential to driving the deal forward. This was a significant transaction for us as some are moving towards retirement and HCR’s responsive advice made us feel completely at ease.”

Rachel commented: “It was an absolute pleasure working with Peter, Mark and Robert on this transaction. Their good-humoured attitude and expertise in the market was an asset during the due diligence and disclosure processes. J. Bennett & Son is an impressive business that brings a local specialised service to Jensten.”