Lovell Minnick Partners completed the acquisition of Charles Taylor, a United Kingdom-based provider of professional services to the insurance market, for £285m ($366m). "The Charles Taylor Board is confident in the quality and long term prospects of the Charles Taylor group, but believes that this offer recognises these factors and represents a good opportunity for shareholders to realise value for their investment at an attractive premium. As a private company with Lovell Minnick's backing, I believe Charles Taylor will continue to capitalise on opportunities in its markets and ensure the future success of Charles Taylor for employees, partners and clients," Edward Creasy, Charles Taylor Chairman.