LEBC workplace pension adviser Aspira acquires rival

Bought Demna Consulting

Hope William-Smith
clock • 1 min read

Specialist financial planning firm Aspira Corporate Solutions as acquired the entire share capital of fellow pensions and employee benefits advice firm Demna Consulting.

Aspira - which specialises in workplace pensions, employee benefits and wealth management is itself a subsidiary of LEBC. The deal to acquire Birmingham-based Demna Consulting was made for an undisclosed fee and remains subject to regulatory approval. The acquisition is the Aspira's first since 2018 and represents immediate net increase in revenue and earnings. Aspira on 2 March said the acquisition will allow both companies to further develop their customer offering. It will also help Aspira grow its resources. "The synergies between our customer solutions and service ethos are...

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