£575m IPO on the London Stock Exchange

Craven Street Capital acted as Financial Adviser to the Executive Directors and the Senior Managers of Sabre Insurance Group PLC on its successful IPO on the London Stock Exchange. The proceeds from the IPO will be used to purchase the Topco Preference Shares, which are 99.9 per cent. owned by funds advised by BC Partners LLP

– Provided independent advice to the Executive Directors and the Senior Mangers throughout the IPO process

– Priced at 230 pence per share, giving the company a market value of GBP 575 million (USD 771 million) at the start of conditional trading