Lloyds TSB finance £17m package for BDML
Lloyds TSB Corporate Acquisition Finance has provided the BDML Group with a £17m funding package to fund an investor buyout, enabling the management team to gain full control of the company.
The deal gave a full exit to US investor, Stephen Lockwood. The BDML group consists of intermediary BDML Connect and motor underwriter, Sabre Insurance.The deal was led by Peter Bate for Lloyds TSB
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