Tavistock buys 21% stake in advice firm LEBC Group

Buying shares from founders' widow

Tom Ellis
clock • 1 min read
Tavistock CEO Brian Raven.
Image:

Tavistock CEO Brian Raven.

Tavistock Investments has bought a 21% stake in adviser firm LEBC Group.

The firm has bought £10m worth of shares from Marie McVitie, the widow of LEBC founder and former CEO Jack McVitie. The firm said £6m will be paid upon completion of the deal, which is subject to regulatory...

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