Acquisition of David Fangen Holdings Limited and it’s subsidiaries by Stackhouse Poland Limited
HMT acted for Stackhouse Poland Limited in respect of Stackhouse’s recent acquisition of David Fangen Holdings Limited, a transaction funded by Bank of Scotland.
Stackhouse is a leading independent specialist insurance broker to private, charity and corporate clients that has been established since 1974. Under its current management team, it has embarked upon a buy and build growth strategy, and to date has made a number of success acquisitions.
In line with this strategy it has now acquired David Fangen Holdings, and its two trading subsidiaries David Fangen Ltd and W Burch and Son Ltd, which are long established businesses operating in the same sectors. The acquisition provides Stackhouse with considerable additional volume and therefore commission enhancements and sales synergies.
HMT were delighted to work with Stackhouse and Bank of Scotland on this transaction, which was completed within an incredibly tight deadline.