Venture capital investor B.P. Marsh & Partners Plc has provided its trading update for the financial year ending January 31, 2025.
The group reported portfolio activity, including the completion of two disposals during the year. The sale of CBC UK Limited in the first half of the year and Lilley Plummer Holdings Limited in October 2024 generated total upfront cash proceeds of £65.7 million from an initial investment of £0.3 million.
Three new investments were made during the year in SRT & Partners Limited, Volt UW HoldCo Ltd, and CEE Specialty s.r.o.
As of January 31, 2025, B.P. Marsh & Partners’ group funds stood at £74.1 million, up from £40.5 million at the same point in 2024. The group said that it remains debt-free and has identified a pipeline of potential new and follow-on investments.
The specialist investor made some important M&A deals in 2024. Last year, the company announced that it invested in Ai Marine Risk Limited, a new managing general agent in the UK that will specialise in marine hull insurance.
The board also has reiterated its intention to pay a dividend of at least £5.0 million annually for the financial years ending January 31, 2026, 2027, and 2028. The group’s annual results for the year ending January 31, 2025 are scheduled for release on 10 June 2025.
B.P. Marsh also said that it continues to monitor key trends in the insurance sector, focusing on premium rates and mergers and acquisitions activity. The portfolio primarily operates in specialist risk areas, which the Group believes are less exposed to volatility and market softening.
Consolidation within the insurance market remains active, creating opportunities for both new investments and activity within the group’s existing portfolio.
Additionally, the group and its portfolio companies said that they continue to attract interest from individuals and teams seeking to remain outside of this consolidation, presenting further opportunities for investments, strategic partnerships, and expansion in the coming year.
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