B.P. Marsh & Partners (AIM: BPM), the specialist private equity investor in early-stage financial services businesses, has received a £5.1m second tranche of deferred consideration from the sale of Aspira Corporate Solutions, a wholly-owned subsidiary of LEBC Holdings Limited.
The payment brings total proceeds from the Aspira disposal to £14.3m, comprising £11m in deferred consideration received to date and £3.3m in loan repayments collected from LEBC in June 2025.
Aspira was sold to Titan Wealth Holdings, with the transaction completing on 16 April 2024 and consideration structured across a three-year payment schedule.
One further deferred instalment of £5.1m remains outstanding, with no performance conditions attached, due in 2027.
Upon receipt of that final payment, total proceeds from the transaction will reach £16.1m, modestly ahead of B.P. Marsh's £15.9m valuation of LEBC as at 31 July 2023.
The final payment is expected in 2027.
