Debevoise & Plimpton LLP is advising AmTrust Financial Services, Inc. (“AmTrust”), a multinational property and casualty insurer, in its acquisition of ANV Holding B.V. and its affiliates (“ANV”), a specialty insurance and reinsurance company, from Ontario Teachers’ Pension Plan and ANV management for $218.7 million in cash.
Pending regulatory approval, both parties expect the deal to close in the third or fourth quarter of 2016.
The Debevoise team advising AmTrust is led by partners John M. Vasily and David Innes, and includes corporate associates Benjamin Lyon and Timothy Merchant, with support from associates Shashwat Patel, Kristen A. Matthews and Michael J. Coburn. Tax advice was provided by partner Richard Ward, assisted by associates Ceinwen Rees and Paul Eastham. Employment advice was provided by associate Christopher Garrett. Antitrust and competition was provided by international counsel Timothy McIver, counsel Kyra K. Bromley, and Anne-Mette Heemsoth. Additional regulatory and Lloyd’s advice was provided by counsel Eugene Benger, associate Edite Ligere and professional support lawyer Philip Orange.