• Quinn Advises on Acquisition by National Accident Helpline

Quinn Advises on Acquisition by National Accident Helpline

The Quinn Partnership, the UK’s leading provider of Management Due Diligence to the private equity market has advised National Accident Helpline on their acquisition of PPI Claimline, a claims management company which focuses on the recovery of mis-sold payment protection insurance (PPI).

As a leading marketing and legal services company specialising in personal injury, National Accident Helpline operate a free advisory service for those who have suffered injury as a result of an accident. In acquiring PPI Claimline, Sam Porteous, Chief Executive Officer of National Accident Helpline, said “Through this acquisition we are extending our experience of championing consumer access to justice into the PPI world.”

Trading since 2009, the north London based company process claims against lenders on behalf of clients to recover premiums and interest paid by the clients for the mis-sold PPI. James Kafton, Managing Director of PPI Claimline, said “National Accidents Helpline’s leadership will help us to develop the business and their experience in helping victims fight for justice fits with our way of working.”

The Financial Services Authority (FSA) estimates that as much as £15 billion of PPI could have been mis-sold.

Paul Quinn, Director at The Quinn Partnership said, “National Accident Helpline have acquired an impressive, well-motivated team whose highly principled individuals should integrate well into the parent company culture.”