Quilter International has operated from the Isle of Man since 1984 and is one of the Island’s largest financial services employers with over 400 employees.
A deal with Life and Pensions provider Utmost was signed on 31 March 2021 following a bid process. The deal completed on 30 November 2021 following regulatory notifications and approvals and sees Utmost acquire £22bn of assets under administration and 90,000 life policies.
The Appleby team comprised experienced insurance and M&A specialists Partner Juan Thornley and Senior Associate Katherine Garrood, who advised on all Isle of Man legal and regulatory matters.
Appleby’s Merger and Acquisitions team is well-positioned to advise clients on a wide range of M&A activities in the offshore region. The team regularly work with FTSE 100 and Fortune 500 companies around the globe and those with financial interests in them, to help them deploy strategic growth and restructuring initiatives, whether involving single jurisdictions or complex multi-jurisdictional, multi-disciplinary transactions.
