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BP Marsh takes stake in US insurance broker

By BFN News | 07:46 AM | Monday 16 October, 2017


Venture capital provider B.P. Marsh & Partners has announced an investment in Mark Edward Partners, taking a 30% equity stake and providing a $2m loan facility available for future growth. Mark Edward Partners is a speciality insurance broker offering a wide range of risk management services to both commercial and private clients. MEP is a national US firm with licences to operate in all 50 states and has offices in New York, Palm Beach and Los Angeles. B.P. Marsh chairman Brian Marsh said: 'We are pleased to announce a further investment in the United States. ' Mark Edward Partners is a strong established broker with a knowledgeable Management Team and ambitions for the future.' Story provided by StockMarketWire.com

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