Birmingham-based national brokerage firm Adler Fairways has recently completed the acquisition of Intelligent Real Estate Due Diligence (IREDD), a specialist in legal indemnity based in London. This move marks the fifth acquisition made by Adler Fairways in the past year, aligning with the company’s strategy to broaden its scope of expertise.
Founded in 2010 by directors Robert McNally and Moz Gamble, IREDD specializes in legal indemnity services within the real estate investment sector. Renowned for its client-centric approach and brokerage services, IREDD has established a solid reputation in the industry.
The shareholders of IREDD were represented in the acquisition process by Mallory Coxe and Emily McFadyen from Wright Hassall, a prominent law firm headquartered in Leamington Spa, Warwickshire.
Robert McNally expressed his satisfaction with joining forces with Adler Fairways, emphasizing his anticipation of contributing to the firm’s future growth. He also acknowledged the invaluable support provided by the Wright Hassall team, particularly highlighting Mallory Coxe’s expertise in managing transactions, which proved pivotal in facilitating the acquisition.
Mallory Coxe, a recent addition to Wright Hassall’s corporate team, brings extensive experience working with a diverse range of businesses, including large corporations and private equity firms. She commended McNally and Gamble for their proficiency in real estate finance transactions and IREDD’s innovative approach that has cemented its position in the legal indemnities market.
Reflecting on the acquisition process, Coxe remarked, “It’s been great to jump straight into dealmaking and work very closely with two impressive individuals to see this transaction through from start to finish and play my part in helping propel IREDD to the next level. Our corporate team has been very busy, particularly over the final quarter of 2023, but the work we have put in place to grow our offering means we are well-placed to take on new work and deliver results for our clients over the coming year.”
Adler Fairways, a chartered independent insurance broker, provides a range of services including insurance and risk management advice, employee benefits, and health and wellbeing services. With headquarters located at Prudent House in Birmingham, the firm operates from seven offices across the UK.
