Claims firm Minster Law has been acquired by insurance business BGL Group - the owners of comparethemarket.com - in a deal which marks the largest outright sale of a UK law firm to date. The deal was made possible after Minster, which has annual fee income of £107m, received approval from the Solicitors Regulation Authority (SRA) to convert to an alternative business structure (ABS).
May 31, 2013 at 06:30 AM
1 minute read
The original version of this story was published on Legalweek
Claims firm Minster Law has been acquired by insurance business BGL Group – the owners of comparethemarket.com – in a deal which marks the largest outright sale of a UK law firm to date.
The deal was made possible after Minster, which has annual fee income of £107m, received approval from the Solicitors Regulation Authority (SRA) to convert to an alternative business structure (ABS).
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