Thistle Initiatives assists Connection Capital with regulatory due diligence in the acquisition of Hood Group Ltd
Our client, Connection Capital LLP, a private equity and alternative investment platform, has announced the completion of its acquisition of Hood Group Ltd, a UK-based specialist insurance distributor and services provider. Connection Capital engaged the Thistle Initiatives' team to assist with regulatory due diligence support on the acquisition of Hood Group.
Mark Snaith, Investment Director at Connection Capital, said: “We have enjoyed getting to know the management team at Hood Group and have been impressed with their experience, expertise, and how they have evolved the business as the insurance market has continued to change. We believe they are well-positioned to build on the company’s success and continue delivering exceptional value to their clients. Our investment, along with our experience with Tempcover and connections within the insurance industry, will provide the support needed to unlock new opportunities and drive the planned growth.”
Mark also added: “We appreciate the regulatory due diligence and FCA support that Matthew Williamson, James Fraser, and Karishni Patel from the Thistle team provided to the us during this acquisition.”
Matthew Williamson, Partner at Thistle Initiatives, stated: “We would like to extend our congratulations to the Connection Capital team on their completed acquisition of Hood Group. It was a pleasure collaborating with them, and we look forward to working together again on future acquisitions.”
Thistle Initiatives offers Acquisition Due Diligence and Change in Control services. For enquiries, please contact us at 0207 436 0630 or via email at info@thistleinitiatives.co.uk.