Travers Smith LLP has advised long-standing client Phoenix Equity Partners and management on the sale of Redington, the independent institutional investment consultant, to Arthur J. Gallagher & Co.
Redington specialises in providing comprehensive investment, research and technology services to pension funds, wealth managers and institutional investor clients, primarily in the UK.
Travers Smith previously advised Phoenix Equity Partners on its investment in Redington in 2020.
The Travers Smith team was led by Private Equity & Financial Sponsors Partner Emma Havas, with support from Senior Associate Rebecca Denton, Associate Navi Suglani and Trainees Anaya Dhawan and Sophia Adedoyin. Tax advice was provided by Partner and Head of Tax Russell Warren. Employment advice was provided by Partner Siân Keall and Senior Associate Hanna Bates-Martens. Regulatory advice was provided by Partner Sam Brewer and Senior Associate Zach Benson.
