Myerson Solicitors advises on strategic sale of stake in EFCIS to Australian Trade Credit Leader

Altrincham-based Myerson Solicitors, a Top 200 UK law firm, has successfully advised the shareholders of EFCIS on the sale of part of their shareholding to National Credit Insurance (Brokers) Pty Ltd (NCI), a leading Australian specialist in Trade Credit Insurance.

Founded over 20 years ago, EFCIS is a well-established Trade Credit Insurance broker with a global reach in 68 countries. With this strategic investment, NCI has acquired a 40% stake in EFCIS, further strengthening its global presence. Andy Moylan will continue as Managing Director of EFCIS and, alongside Louise Garden, retain the controlling interest in the business.

Myerson’s Corporate team played an instrumental role in guiding the parties through the legal complexities of the deal. The transaction was led by Ryan Fletcher, Senior Associate, with support from Akeel Latif, Partner, and Solicitor Palma Percze.

Ryan Fletcher commented, “We are pleased to have assisted the shareholders with this pivotal transaction. This deal represents a significant milestone in EFCIS’s growth and highlights the increasing global collaboration within the trade credit insurance sector. We look forward to seeing EFCIS and NCI thrive in their future collaboration.”

With extensive experience advising on strategic sales, investments, and succession planning, Myerson’s Corporate team is a trusted and expert advisor to clients navigating complex corporate transactions across various sectors, with particular expertise in financial services.