BP Marsh acquires 35% stake in Verve Risk Services
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

BP Marsh acquires 35% stake in Verve Risk Services

Aisling Finn
28 April 2023
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
London buildings handshake.jpg

Specialist private equity investor BP Marsh has acquired a 35% cumulative preferred ordinary shareholding in London-based MGA Verve Risk Services.

BP Marsh has provided £1mn ($1.2mn) of funding via a mix of equity and a loan facility, which will be drawn down on full completion as part of a management buyout.

Verve

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

News M&A MGAs/MGUs
aisling finn/aisling finn ii red.png
Aisling Finn
Reporter
Contact
Gift this article