National business law firm, DWF, has advised the sellers and management of Kindertons Holdings Limited (Kindertons), the nationwide provider of outsourced accident management services for motor insurers and insurance brokers, on its sale to and investment by Sovereign Capital, the UK private equity Buy & Build specialist.
As part of its service Kindertons provides replacement vehicles and full claims management services to drivers following an accident. With operations across the UK and a total fleet in excess of 2,000 vehicles, Kindertons is able to provide an immediate response once an accident has been reported.
This deal continues Sovereign's strong record in the outsourced business services sector and in order to meet the increasing demand for Kindertons offering Sovereign will work closely with the management team to grow the business, both through organic growth and carefully selected acquisitions.
Leading the deal was Frank Shephard, head of corporate team at DWF in the North West, assisted by Nicola Frost, Lisa Stavropoulos and Sinead Ormerod.
Frank commented: "Kindertons has built a strong reputation for excellent customer service, which has enabled the business to deliver year-on-year growth. This deal will enable Kindertons to continue to grow and develop the business."