Professional Pensions rounds up some of the latest news from two major pension consulting firms.
Lane Clark & Peacock (LCP) partners are set to own a larger stake in the firm after buying out Inflexion Private Equity’s minority stake with the support of Charterhouse Capital Partners.
ITM has announced it has acquired Faraday Tracing Bureau (FTB) for an undisclosed sum.
LCP's individual partners have completed a buy-out of the stake in the firm owned by pan-African financial services group Alexander Forbes since 2002.
Reward Gateway has been sold by Inflexion Private Equity to US-based Great Hill Partners in a deal that values the business at £140m.
Reward Gateway staff are set to receive a windfall of up to one year's salary following the firm's sale to Great Hill Partners.