LV= interview: Behind a public private equity takeover

'A continuation of strategy'

Tom Ellis
clock • 7 min read

In one of the most public takeovers of recent times, the sale of LV= to Bain Capital has provided trade and national news publications alike with plenty of headlines and readers with no end of intrigue. Clive Bolton, managing director of protection, savings and retirement at LV=, speaks to PA editor Tom Ellis about the takeover, what is driving it and all the noise around the deal for the mutual…

A private equity takeover is bound to have an impact on any company, not least a mutual steeped in history, which by nature keeps a portion of its customers literally invested in the business. But Bolton is keen to reassure that the private equity firm is not coming onto the scene to rock the boat: the party line is continuity. Bain Capital is arriving to continue a strategy already begun and to keep investing in it. "We'll continue to focus on our fund range and the platforms and methods that are required to distribute those," Bolton tells Professional Adviser. "We'll continue to foc...

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