Further to its announcement of 20th August 2019, SSL Endeavour Ltd (SSLE) is pleased to confirm that it has signed definitive documents for the acquisition of a controlling shareholding in WorldLink Holdings LLC (WorldLink), a fast growing North American specialty aviation brokerage and MGA.
SSLE Group Non-Executive Chairman Jonathan Palmer-Brown and Group CEO David Lawrence will join Worldlink’s Chairman and Joint CEO Charles Engel and President and Joint CEO, Phil Gingell on the board of Worldlink Holdings.
SSLE Group CEO David Lawrence said:
“We are delighted to announce this investment in WorldLink, a business with unparalleled experience in the North American aviation insurance broking and risk advisory sector. We look forward to working closely with Charley, Phil and Chuck to drive the growth of the business both in the US and internationally as we add further capability to the team.”
Worldlink Chairman and Joint CEO Charles Engel said:
“This is a seminal event for the young WorldLink group and by effecting this very important partnership with internationally renowned investment firm JC Flowers & Co and its international specialty broking investment, SSL Endeavour, we position our senior management team, led by Phil Gingell and Chuck Koehler, to respond rigorously to the many current challenges facing our clients in today’s aviation insurance industry. It is our intention to continue to build out methodically the existing team with selective high calibre industry individuals.”