HMT advised in the management buy-out of London Capital Group (“LCG”). LCG is based in the City of London and is a well-established financial services company. Its two main businesses are financial spread betting and institutional broking.

Since opening in 2003, the spread betting division has grown at a significant rate expanding its product offering with a White Label solution for companies wishing to offer their own client base a bespoke spread betting platform.

Frank Chapman of LCG commented, “This is a fantastic opportunity for the management team to continue to grow the business and in particular the spread betting division. I would also like to thank HMT for all their assistance and advice during the process.”

Bruce Morrison of HMT commented, “This is a sector with huge growth potential and I anticipate that LCG will go from strength to strength. With this transaction being secured on debt only, at some point there will be the opportunity to introduce equity partners."

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