Travers Smith advises Premium Credit

Travers Smith has advised the management team of Premium Credit on its sale by Cinven to Towerbrook Capital Partners. Premium Credit is a leading provider of premium finance for commercial and retail insurance products. The Travers Smith team was led by private equity and financial sponsors Partner Adam Orr and also included senior counsel Alex Dixon, senior associate Rachel MacArthur, associates Niki Mavronicola and Ollie Creamer and trainee Alice Allen. Specialist tax advice was provided by tax partner Russell Warren and associate Lewis Currie.