The Michelmores London Corporate team has acted for LEBC Holdings Limited, a national Independent Financial Adviser, on the acquisition of Aspira Corporate Solutions Limited. BP Marsh & Partners plc, the AIM quoted niche venture capital provider to early stage financial services businesses has a 60 per cent stake in LEBC.
Aspira Corporate Solutions is a Bristol-based Independent Financial Adviser with over 11,000 clients and close to £0.5bn in funds under management. The transaction, valued at £5m in cash and LEBC shares, will bolster LEBC Holdings’ presence in the South West.
The deal was led by Ian Binnie, Partner and Head of Michelmores’ Capital Markets team.