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Squire Patton Boggs says it advised Arco’s sale to H.I.G. and connected pension transfer
Squire Patton Boggs said it advised Arco Group shareholders on the sale of the business to H.I.G. Capital and advised Arco on a connected pension scheme transfer to Clara. The firm described the corporate and pensions work in separate announcements about the same transaction.
Key points
- Squire said the pension transfer covered 1,281 members and £135 million in assets.Squire Patton Boggs
- The firm said Paul Mann and Louise Parker led the corporate team.Squire Patton Boggs
- Squire identified Kate Bailey, Gemma Hanley and Anna Tomlinson as its pensions team.Squire Patton Boggs
- The firm characterized this as Clara’s first transfer connected to an acquisition of the scheme’s sponsor.Squire Patton Boggs