Suncorp advised on sale of Resilium

By Jerome Doraisamy|10 April 2019

Australian insurer Suncorp has been advised on the sale of its authorised representative network, Resilium, through a management buyout.

Firm: DLA Piper (Suncorp)

Advertisement
Advertisement

Deal: Suncorp has sold authorised representative network Resilium, so that the network can operate independently.

Value: Undisclosed

SPONSORED CONTENT

Area: Corporate

Key players: The DLA team was led by Brisbane corporate partner Lyndon Masters with partners Samantha O’Brien and David Lyons, senior associate Adrian Tan, foreign legal associate Kimberly Eichorn and solicitors Elizabeth Campbell, Cassian Ho, Ellie Harding and Ann-Marie Coleman.

Deal significance: Mr Masters said: “We are pleased to partner with Suncorp on this sale, which will see Resilium operate independently, while maintaining a strategic alliance with Suncorp. As a standalone business, Resilium will further invest in products and services to better meet the needs of its customers, which is a positive outcome for sector.”

Suncorp advised on sale of Resilium
Intro image
lawyersweekly logo
Big Law

latest

How COVID-19 has changed #auslaw

6 BigLaw firms team up for tech adoption in international arbitration

Legal Firm of Choice survey open now

Redhill Education taps investors for capital raise

FROM THE WEB
Recommended by Spike Native Network