Lorega completes MBO
Deal was backed by Alcuin Capital Partners.
Lorega has confirmed the completion of its management buyout from a number of minority shareholders.
The cost of the MBO was undisclosed.
The executive team, which consists of managing director Neill Johnstone, finance and commercial director Andy Mintern and Terry Wheatley, who will be appointed chairman, were backed by Alcuin Capital Partners.
The firm said it distributes its assistance products through a network of over 800 UK retail brokers and that it would now build on the growth of its
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