Lloyd's broker sells majority share of business ahead of acquisition drive
Tasker & Partners has sold a controlling interest of its business to newly formed Tasker Ventures (TV) as part of a private equity deal.
TV has been financed by funds managed by Alcuin Capital Partners, a growth capital investor.
The Lloyd's broker said that Alcuin has an investment pool of £80m from which it has provided an "undisclosed amount" to fund exit strategies and access to future funding for development and investment opportunities.
Former CEO of Tasker & Partners, Paul Tasker, will become a shareholder and chief executive of TV and will be joined by Francis De Zulueta, who becomes chairman on the board of both
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