ProAktive bosses complete £2m MBO
Founder Jon Whiteley stays with firm but steps down from day to day management.
Group CEO Ian Laycock and group MD Andy Morley have led a management buyout of Yorkshire-based ProAktive Risk Group.
The £2m deal sees founder Jon Whiteley step down from the day to day management although the business confirmed that he will continue to play a role and “retain a significant shareholding”.
The MBO of the broker, which has its headquarters in Doncaster and an office in Sheffield, was backed by debt funding from Mercia Fund Managers. The business also revealed that the buy-out
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