Debevoise Advises Certain Holders of Loans Issued by Integro Parent in the Sale of Tysers to AUB Group for $615.2 Million

20 May 2022

Debevoise & Plimpton LLP is advising certain holders of second lien term loans issued by Integro Parent Inc., part of Tysers Insurance Brokers, Ltd., a leading Lloyds independent broker, in connection with a transaction under which AUB Group Limited will acquire Tysers from Odyssey Investment Partners for $615.2 million. The deal is expected to close in the first quarter of 2023, subject to regulatory approval. For more information, please read the company’s press release.

Integro Parent operates as an insurance brokerage and risk management firm. Tysers is a leading Lloyd’s broker with access to Lloyd’s of London and many of the specialist company insurance markets trading out of London. AUB Group is an ASX200 listed group comprising insurance brokers and underwriting agencies operating in more than 500 locations across Australia and New Zealand.

The Debevoise team is led by finance partner Ryan Rafferty and restructuring partner Sidney Levinson and includes finance partner Alan Davies and associates Jonathon Yeung and Alexandra Grossman, restructuring associate Michael Godbe, M&A partner Kevin Schmidt and associate Dominic Blaxill, tax partner Peter Furci and associate Lillian Jo Aston and financial institutions counsel Emilie Hsu.