Ludlow expands North West presence with latest acquisition

The private equity backed consolidator made the purchase with financial backing from Mobeus Equity Partners as part of its goal to acquire £2bn of assets under management. The deal, for an undisclosed amount, follows Ludlow's purchases of Liverpool-based A Letton Percival & Co and another North-West planning business in May. Ludlow, with offices in Southport, Preston, Burnley, Fylde and Liverpool, partnered with Mobeus in 2017 with a view to expanding its presence in the North. The firm currently has £1.4bn of assets under management - up from $850m in 2017. Ludlow chief executi...