Freeths LLP advises VIPR Limited on investment by Tenzing
Leading national law firm Freeths LLP has advised VIPR Limited on investment by Tenzing.
VIPR Limited are a clear market leader in the insurance sector for software solutions providing a suite of software products for the insurance industry, including bordereaux and coverholder management and a comprehensive reporting tool. Their unrivalled market insight has secured the company a highly regarded reputation in the industry.
Following a period of rapid growth, VIPR Limited has secured investment from independent private equity investor, Tenzing.
The Freeths team, led by corporate partner Malin Svanberg Larsson, advised on all aspects of the transaction. Malin Svanberg Larsson was supported by Ben Filmer and Charlotte Hartwright (both corporate) and Claire Boyce (tax).
Malin Svanberg Larsson commented “I’m absolutely delighted to have been a part of this transaction with the VIPR team. Having worked with them for over 5 years, it’s great to see VIPR partner with Tenzing to support the company with its ambitious growth plans. I am looking forward to continuing to work with the company going forwards and seeing their continuing success.”
Stewart Williams, COO at VIPR commented “Malin and her team made the legal side of this as painless as it could be. We trusted their judgement implicitly which I believe was key in a transaction that had many other moving parts for our management team, so it was reassuring to know that the finer details were in safe hands. We certainly look forward to a continued partnership. “
Rick Brown, VIPR Founder, added “We’ve worked with Malin and the wider Freeths team for a few years now over which time they have helped us prepare VIPR for sale. We’ve been extremely impressed by the professionalism of the team and the calm and controlled way in which they handle what can be a stressful process. Malin always takes a commercial view on issues and we’ve been massively impressed by all the hard work which enabled us to close the process from initial Heads to completion in around 5 weeks.”
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