Memery Crystal wins Syndicate’s epic buy

Memery Crystal, led by corporate partner Alex Read, is acting for Syndicate Asset Management on a £5m placing and the acquisition of EPIC Investment Partners. Syndicate purchased EPIC and the minority interests in its principal subsidiaries from BRIT Insurance for up to £17.8m in cash, shares, loan notes and a deferred cash consideration. Latham & Watkins, led by partner Nigel Campion-Smith, and Macfarlanes, headed by corporate partner John Dodsworth advised the vendors. Hammonds acted for management.