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SSP float proceeds to fuel growth

Halifax-based Software Solutions Partners has filed a listing to float on the Alternative Investment...

Halifax-based Software Solutions Partners has filed a listing to float on the Alternative Investment Market.

The listing is expected to be on 2 October and, according to SSP, will raise capital of £15m. Executive chairman of SSP David Rasche has set a target of £60m turnover by the end of 2009, which is almost double last year's £36m. Rasche, who owns 35% of the business, said this would be achieved through organic growth and £15m of acquired revenue.

The software house has suggested that it could

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imarket adds another MGA to portfolio

Industry-owned imarket has pushed further into the managing general agent sector with Chapman and Stacey Underwriting launching a liability product onto Open GI’s platform via its service.

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