Legal Services
Milbank
Full Credential Description
Milbank LLP advised Correlation One Holdings Limited on the sale of Animal Friends Investments Ltd, which owns Animal Friends Insurance Ltd, a prominent UK-based pet insurance provider, to Pinnacle Pet Group (PPG), a leading pan-European pet insurance provider. The transaction was subject to customary closing , including regulatory approvals. Animal Friends, with over 400 employees and a 25-year history, specializes in affordable pet insurance and exceptional customer service, currently protecting more than 1,100,000 pets in the UK. The sale aims to enhance Animal Friends brand and , expanding its reach into new European markets. Following the acquisition, PPG and Correlation will establish a long-term partnership focused on driving growth and innovation in pet insurance, collaborating with various insurtech and veterinary service providers. The Milbank team, led by partners James McClymont, Jordan Simpson, and Paul Buchan, provided comprehensive legal support across corporateMA, antitrust, and tax aspects of the transaction, ensuring a smooth transition and strategic alignment for future growth in the pet insurance sector.