Irwin Mitchell Advises On £70 Million International Corporate Sale Partner Provides Support On Taxation 03.05.2012 Irwin Mitchell’s London corporate department has advised financial services company, IFG Group plc (“IFG”) on its agreement for the sale of its International Division to AnaCap Financial Partners II LP for £70 million.*The sale follows IFG’s strategic review of its business, which had gross assets of £184 million (as at 31st December 2011) and concluded that further investment to fund expansion or outright sale of the Division were the optimal choices for the Group. The sale provides options for the Group including debt repayment, shareholder return and strategic investment in the SIPP and advisory business. Declan Kenny, CEO of the Division remains with the Division following the sale.Irwin Mitchell’s International network enabled the firm to advise on aspects of the sale in multiple jurisdictions including the BVI, Jersey, Cyprus, Switzerland and The Isle of Man, The Irwin Mitchell team was led by Andrew Woolf, corporate partner, assisted by Christopher D’Este Hoare and Alex Barnes, partner who advised on the taxation aspects. AnaCap Financial Partners was advised by corporate partner Gideon Sharp of Simmons and Simmons, who was assisted by James Cross. *This will be paid in full on the completion of the sale, subject to determination of the completion accounts and various regulatory approvals and shareholder consent. Press contact James Clarke Press Officer +44 (0)161 838 3169 Email James Tags Real Estate Alex Barnes Birmingham Related articles 25.06.2018British Number One Wheelchair Tennis Player Partners Irwin Mitchell’s Disability Sport Campaign 22.06.2018Servest Completes Acquisition Of Unique Catering & Management Services Limited 19.06.2018The New Tax Evasion Facilitation Offence 18.06.2018London Drives UK Tourism But Other Regions Attracting Attention 18.06.2018Omnichannel And Experiential 'Key To Retail's Future Success' 18.06.2018Restaurants And Bars 'Must Embrace Tech And The Instagram Age To Stay Relevant'