Michelmores acts for LEBC Holdings on acquisition of Aspira Corporate Solutions

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, with assistance from Nirav Patel, newly appointed Corporate Associate.