Lanes Assistance Services in MBO
Gresham, the UK mid market private equity specialist, has completed an investment of £12.3m in Lanes Assistance Services (LAS).
The investment will buy-out existing shareholder Lanes Group and aims to provide significant capital to develop LAS’ infrastructure and personnel to drive future growth. Gresham provided 100% of the funding.
With offices in Manchester and Birmingham, LAS provides outsourced claims management service for the insurance industry. T
he investment will be used to enable the company to grow organically through expanding its client base and through acquisition.
Gresham’s investment will be used to
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