Globalscope partner Corbett Keeling is pleased to announce that it has successfully advised its client, the wealth manager Bestinvest, on the sale of its insurance broking subsidiary, Lovat Insurance Brokers, to Towergate Insurance. Bestinvest, provides investment advice, financial planning and execution-only services predominantly to private individuals. Lovat is a corporate insurance broker based in Tunbridge Wells, Kent.
Globalscope Partners, the international M&A network, is delighted to announce the success of its 15th Semi-Annual Conference.
During the conference, the network confirmed its expansion in:
· China into Shanghai and Jiaxing; and
· Southern Africa into Namibia and Botswana.
Michael Moritz, president of Globalscope, commented: “We are very proud to extend Globalscope’s reach in two of the fastest growing economies in the world. This will benefit our clients hugely.”
When it comes to preparing the right exit strategy, knowing your home market is vital – but what if you could do better abroad? You might find your perfect match in a firm anywhere from the Valley to Vancouver, and foreign buyers can often put in a higher bid. But accessing the international market is no mean task; as well as sourcing the science of market reviews and cutting-edge financials, you will no doubt also be faced with mastering the dark arts of business culture and insider knowledge. Help is essential.
ICT: US and Canadian outfits dominated foreign acquisitions of European technology services firms last year, a consultancy has reported.
Globalscope, an international network of M&A advisers that specialise in cross-border deals commented that three top markets accounted for nearly two-thirds of mergers and acquisitions (M&A) activities in the European technology services sector last year. Four out five foreign buyers were North American, while overall many European firms remained reliant on foreign staff.