DLA Piper advises PIB Group on acquisition of Creane & Creane insurance

DLA Piper has advised PIB Group, the independent insurance intermediary group on its acquisition of Irish broker Creane & Creane Insurance. Founded in 1945, Creane & Creane provides commercial and personal lines cover to retail and business customers and is one of the oldest brokers in Ireland.

Matt Cole (Corporate Partner), Steve Duggan (Corporate Senior Associate) and Dara McDonald (Corporate Associate) led a large multi-disciplinary DLA Piper team in Dublin including Eimear O’Brien (Financial Regulatory Legal Director), Patrick O’Donovan (Tax Associate), Conor McEneaney (IPT Senior Associate), Niamh Murphy (Real Estate Associate) and Triona Cody (Employment Senior Associate).

Dublin Corporate Partner Matt Cole said "After closing the acquisition of financial lines MGA Acquinex earlier in the month we have really enjoyed working with PIB again as they acquire their first Irish retail business. It is another example of DLA Piper’s ability to bring our vast international insurance sector focus and expertise to the Irish market".

DLA Piper’s Insurance sector group offers a full range of insurance services, including transactional, regulatory, commercial dispute resolution, claims, competition, restructuring and emergency response. The firm represents both startups and established multinational life and non-life (re)insurers, Lloyd’s entities, intermediaries, banks, capital providers (including hedge funds, private equity funds and venture capital funds), regulators and other insurance industry participants.

With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex cross-border transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for eleven consecutive years, according to Mergermarket.