Specialist Risk Group Limited agreed to acquire Paladin Holdings Limited from B.P. Marsh & Partners PLC (AIM:BPM) for £48 million on December 7, 2023. Upon completion, the company expects to receive at least £42.1 million in cash (net of all transaction costs) plus repayment in full of its £5.9 million loans to Paladin, an aggregate cash receipt of £47.7m. The subject to certain conditions including regulatory approval being granted.

Atholl Tweedie, Stephen Jones, Amrit Mahbubani, Ailsa MacMaster from Panmure Gordon & Co Limited acted as financial advisors to B.P. Marsh & Partners PLC (AIM:BPM).