Private equity backer ups LEBC stake by £1m on growth plans

Jenna Towler
clock

The private equity backer of national IFA and employee benefits consultancy LEBC Holdings has taken a further £1m stake in the business.

Private equity outfit B.P. Marsh & Partners took an additional 12% stake in the firm, taking its total holding to just below 35%. The acquisition was from an employee who was leaving the firm. The firm said B.P. Marsh had also provided LEBC's Employee Benefit Trust with a further £1m of funding through a secured short term loan facility - repayable within 12 months -to enable the management team to increase their shareholding in LEBC. LEBC has 13 branch locations spread throughout the UK - Birmingham, Bristol, Cambridge, Cardiff, Chertsey, Edinburgh, Glasgow, Hull, Leeds, Leicester, L...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Friday Night Takeaway: It's the return of the banks

Friday Night Takeaway: It's the return of the banks

The news editor's Friday Night Takeaway from 10 July

Isabel Baxter
clock 10 July 2026 • 3 min read
Carla Brown on PFS/CII relationship reset and how chartered status is 'essential'

Carla Brown on PFS/CII relationship reset and how chartered status is 'essential'

PFS president and chair joins Professional Adviser in the studio

Professional Adviser
clock 10 July 2026 • 1 min read
FCA spotlights vulnerability in latest Consumer Duty review

FCA spotlights vulnerability in latest Consumer Duty review

Treatment of vulnerable clients still an area of improvement for firms

Sophia Panayi
clock 10 July 2026 • 2 min read