Eversheds Sutherland acts for Blue Insurance on conditional sale

Gavin O'Flaherty

Blue Insurance is a major insurance company in the Irish market and has developed bespoke and successful products in areas such as travel, gadget and pet insurance.

A team led by Gavin O’Flaherty, partner in the corporate & commercial department at Eversheds Sutherland, acted for and supported the owners of Blue Insurance throughout the competitive tender process up to execution and exchange of transaction documents earlier this week.

The transaction is subject to the approval of the Competition and Consumer Protection Commission (CCPC).

Mr O’Flaherty was assisted by Christine Quigley and Amy McDermott (corporate), Sean Ryan and Lisa Devanny (competition), Marie McGinley and Ciara McGettigan (IP and data protection), Ciara McMahon (employment) and Aidan Rafferty (company secretarial).

Alan Connell, partner and head of tax at Eversheds Sutherland, led the tax team on structuring the transaction, assisted by Robert Dever, Emma Hartnett and Sarah O’Connor.

Mr O’Flaherty said: “We are delighted to be involved in what is a transformative transaction for an exciting and growing Irish company.

“This project again illustrates that our multi-disciplinary team can support and lead the most complex transactions from their inception up to completion by utilising the industry expertise available to us in the firm.”