Global law firm Freshfields Bruckhaus Deringer (‘Freshfields’) is advising GIC on its agreement to acquire Cinven’s shares in Miller, which they first acquired together in 2021. The agreement will see GIC become the majority shareholder in Miller, subject to completion and regulatory approval, and is expected to close at the end of Q1 2024.

The agreement represents a major milestone in Miller’s evolution into a leading independent specialist broker, with the backing of a long-term owner committed to supporting Miller’s entrepreneurial culture, unified team strategy and unparalleled commitment to client service.

The Freshfields cross-practice team is being led by London-based private equity partner James Scott, senior associate Hannah Turton and senior legal consultant Antonio Laino, with counsel Mac Mackenzie advising on financial regulatory workstreams, global managing partner Rafique Bachour on anti-trust workstreams, co-head of leveraged finance Alex Mitchell on debt financing workstreams and Andrew Murphy on pensions.