We are delighted to have advised Sturge Taylor and Associates (STA Group) on their sale to Howden Broking Group Limited
STA Group is the world’s leading independent specialist superyacht insurance broker. It has been addressing the insurance requirements of superyacht owners for over 50 years and employs 30 people across offices in London, Southampton and Antibes. The group also includes smaller yacht specialist, Fastnet Marine.
The acquisition allows Howden to extend the reach of its global marine capability and offer greater yacht expertise and advice to its clients.
We were appointed by the shareholders of STA Group to provide sell-side advisory services.
We worked with the shareholders to identify a select pool of potential buyers who had the capability to maximise the potential of the STA Group business and build on the successful platform established by the shareholders, whilst also providing the right cultural and strategic fit.
Leveraging our in-depth sector and transaction knowledge, we generated significant interest in the business and delivered a deal that exceeded the shareholders’ expectations.
The Grant Thornton team of Simon Blackburn and Antony Watkins successfully navigated us through the process of selling our business, providing effective support and adding value at each stage. It is our ambition to take our business to the next level and the deal that Simon and Antony delivered allows us to do exactly that.Burr Taylor Owner, STA Group