Clear Group mulls private equity options
CEO Howard Lickens says private equity is the most obvious area to work with in order to fund the broker’s long term strategy.
Clear Group CEO Howard Lickens has confirmed the broker is looking into raising more funds in order to finance its strategy going forward.
Lickens commented: “I am not going to deny we are looking at financing.
“When you are as ambitious as we are private equity is the most obvious solution but I am not ready to say ‘open sesame, here we are’.”
He added: “We need some longer term support.”
Deals
Clear has an acquisitive strategy and last year bought Genavco Insurance and Robert Alexander
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