BP Marsh : BPM – invests more in LEBC Holdings

BP Marsh (which provides venture capital to financial services businesses) has bought a 12% stake in LEBC for £1m and lent another £1m to LEBC’s employee benefit trust to allow it to buy more shares in the company.

LEBC is an IFA with £2bn under advisory operating from 11 branches across the UK. BPM first invested in the business in 2007.

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