News

Hawkpoint named Financial Adviser of the Year in Private Equity Awards 2004

29 April 2004

Hawkpoint won the Financial Adviser of the Year award at the BVCA / Real Deals Private Equity Awards 2004 for the management buyout of Royal & Sun Alliance healthcare and assistance operations. This award is presented for an individual adviser's or team's role on one particular transaction, whether advising corporate managers or a private equity investor. 

Hawkpoint worked with First Assist in the GBP250m management buyout of Royal & Sun Alliance healthcare and assistance operations. Buyouts of insurance companies are rare because of the FSA's minimum solvency requirements that make it difficult to achieve attractive returns. The strong commitment of the buyout team and its advisers, coupled with an innovative deal structure, won the support of the vendor who had started the process believing a trade sale was the most likely outcome.

The transaction was led by Lawrence Guthrie, one of Hawkpoint's Managing Directors.

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