20th Mar 2008 07:00
B.P. Marsh & Partners PLC20 March 2008 Date: 20th March 2008On behalf of: B.P. Marsh & Partners Plc ("B. P. Marsh" or the "Company")Embargoed until 0700hrs B.P. Marsh & Partners Plc £500,000 Investment in Trillium Partners Limited B. P. Marsh & Partners Plc (AIM: BPM), a niche venture capital provider to earlystage financial services businesses, today announces that it has acquired a 25%equity stake in Trillium Partners Limited ("Trillium") for consideration of£500,000. Trillium was founded by Stephen Routledge and Philip Mastriforte in 2004 and isan independent financial advisory firm in the Media and Information sector.Since then the company has worked on 19 advisory assignments for 13 clientscovering acquisitions, disposals, mergers and fundraising in that sector. Trillium's turnover for the year ended 30th September 2007 was £785,000 whichgenerated pre-tax profits of £446,191. In addition to B. P. Marsh's equity investment of £500,000, B. P. Marsh hasagreed to provide Trillium with a loan facility of up to £750,000 which will beused to fund further growth over the next three years. B. P. Marsh financed the acquisition from existing cash resources. The Company'sNominee Director appointed to the Board of Trillium will be Brian Marsh OBE. In addition Baroness Janet Cohen, former Executive Director of Charterhouse Bankand Non-Executive Director of the London Stock Exchange will be joining theBoard of Trillium as Non-Executive Chairman and Mark Adams, Partner at PembridgePartners LLP and Non-Executive Chairman of marketing services group, Loewy, alsojoins Trillium as a Non-Executive Director. Commenting on the investment, Brian Marsh OBE, B.P. Marsh's Chairman, said: "The team at Trillium has an excellent track record and a superb reputation. Weare delighted to provide the support they need to enable them to grow thebusiness and capitalise on future opportunities, and we're very happy to beassociated with this quality business." Philip Mastriforte of Trillium added: "We are delighted to welcome B.P. Marsh as an investor in Trillium Partners. Ourpartnership with B.P. Marsh will accelerate our growth and consolidate ourposition as a leading independent financial advisory firm. We are also pleased to welcome Baroness Cohen, Brian Marsh OBE and Mark Adams tothe Board of Trillium Partners. Each has a depth of relevant experience and theywill make a significant contribution to our continuing success." - ends - For further information: B.P. Marsh & Partners Plc www.bpmarsh.co.ukBrian Marsh OBE +44 (0)20 7730 2626 Nominated AdviserNabarro Wells & Co. LimitedDavid Nabarro/Marc Cramsie +44(0) 20 7710 7400 Redleaf Communications (PR to B.P. Marsh)Emma Kane/Tom Newman +44 (0)20 7822 0200 -ends- Notes to Editors: About B.P. Marsh & Partners Plc B.P. Marsh's current portfolio contains twelve companies. More detaileddescriptions of the portfolio can be found at www.bpmarsh.co.uk. Over the past 18 years, the Company has assembled a management team withconsiderable experience both in the financial services sector and in managingprivate equity investments. Many of the directors have worked with each other inprevious roles, and all have worked with each other for at least three and ahalf years. Prior to Brian Marsh's involvement in the Company, he spent many years ininsurance broking and underwriting in Lloyd's as well as the London and overseasmarket. He has over 30 years' experience in building, buying and sellingfinancial services businesses, particularly in the insurance sector. Francis de Zulueta is the Company's Development Director. With a wide-rangingknowledge of the financial services market, he seeks out, researches andevaluates potential new investments for B.P. Marsh. Following a 23-year brokingcareer with Willis Faber and Aon, among others, he took an active interest inthe mergers, acquisitions and venture capital business of Marsh McLennan. Jonathan Newman is the Group Director of Finance and has over 10 years'experience in the financial services industry. Jonathan advises investeecompanies through several non-executive board appointments and evaluates newinvestment opportunities. Robert King is a Director and Group Company Secretary. He joined B.P. Marsh inMay 2003 having started his career at PricewaterhouseCoopers. Since joining B.P. Marsh he has taken on responsibility for the Group's legal, compliance andsecretarial functions and played a key role in the flotation of the Company. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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