BP Marsh takes 40% stake in broking start-up Denison and Partners
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BP Marsh takes 40% stake in broking start-up Denison and Partners

Investment firm BP Marsh has acquired a 40% holding in start-up Lloyd’s broker Denison and Partners and provided a loan facility, stumping up aggregate funding of £802,000 ($1.05mn) for the company.

The intermediary is led by Alasdair Ritchie, who was most recently managing director of professional and financial risks at BMS.

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