National IFA LEBC Group has acquired Bristol-based IFA Aspira Corporate Solutions in a deal that - subject to regulatory approval - is valued at £5m in cash and LEBC shares.
LEBC said Aspira would be fully integrated within the business, strengthening its presence in the South West and adding further advisory capacity that would increase turnover significantly. Established in 2003, Aspira brings with it 50 staff and more than 11,000 clients with nearly £0.5bn in funds under management. Aspira chief executive Derek Miles has joined LEBC as part of its senior management team. LEBC chief executive Jack McVitie (pictured) said: "We have known and admired Aspira for many years and this is a significant acquisition for LEBC as it strengthens us further through ...
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