Announced
Financials
Tags
Acquisition
Pending
United Kingdom
Minority
Private
conveyancing panel management
Domestic
Friendly
Business Process Outsourcing
Private Equity
Single Bidder
Synopsis
Private equity firm ONP Group agreed to acquire a 50% stake in LMS, a provider of conveyancing panel management services, from LSL, a surveying services company, for £12m. "The sale simplifies the group structure, providing further capital for deployment into opportunities to accelerate the group’s growth strategy, in particular financial services," LSL.
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