A TAUNTON-based specialist financial planning and insurance firm has purchased a Devon business.
Lloyd & Whyte’s takeover of Totnes-based Naturesave Policies Ltd was announced this week.
National law firm Foot Anstey LLP advised the shareholders of Naturesave Policies, a leading provider of green and ethical insurance.
Founded 28 years ago, Naturesave Policies has won awards for best ethical insurance from the Good Shopping Guide and the Queen’s Award for Enterprise for Sustainable development.
In 1995, Naturesave Policies established the Naturesave Trust, its own registered charity.
Naturesave Insurance has donated over £1million to the trust. The donations are mainly used to fund grants for environmental projects.
Matthew Criddle, the founder of Naturesave Policies Ltd, said: “Foot Anstey handled the legal side of the sale of our business. They provided a task-related price for doing this, even though they committed a few more hours to the job in question. They were helpful. , clear and favorable to personal circumstances. I wouldn’t hesitate to recommend them to anyone looking to sell their business. A nice group of people to deal with.”
The Foot Anstey team was led by partner James Crotty. He said: “It was a pleasure advising the shareholders on their sale to Lloyd & Whyte Ltd. We were able to achieve a successful outcome which worked for all parties involved. It was fascinating to work so closely with a company with such fantastic green credentials, in line with the founder’s vision.”