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DWF rescues claims management firm Triton from administration


By Kathryn Higgins

25 January 2017 at 12:42 BST


The bolt-on deal will add more than 200 staff to the firm's UK headcount.

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DWF has agreed to acquire claims manager Triton from administration, citing ‘clear synergies’ between the two companies and an opportunity to expand its own global insurance practice. Triton is a commercial claims business that has a close working relationship with City insurance market Lloyd’s of London. The acquisition will save 215 jobs from across Triton’s existing offices in London, Birmingham, Bristol, Leeds, Manchester and London. It will also see DWF acquire the claims manager’s technology business 3Sixty – an insurance, legal and logistical software consultancy that will meld with DWF’s own legal innovation subsidiary, 15squared.

DWF managing partner Andrew Leaitherland said of the deal: ‘There are clear synergies between our two businesses in terms of our client base and industry sector knowledge. This acquisition will allow us to diversify our network while also strengthening some of our key locations in the UK. We look forward to welcoming Triton’s people to DWF.’

Sources: Legal Business; Legal Week

 
   
 
 
 

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