International legal practice Osborne Clarke has advised Lane Clark & Peacock LLP (LCP), a professional advisory firm specialising in pensions, investment consulting and insurance on an investment from Charterhouse Capital Partners LLP (Charterhouse). Charterhouse is partnering with the Partner group of LCP to acquire the minority stake currently held by Inflexion Private Equity. As part of the transaction, LCP’s Partners will also increase their stake in the company. The transaction is due to complete in mid-January 2021.
Charterhouse will help LCP’s continued development by supporting its management team and Partners in continuing the strong organic growth and market share gain of their core business, whilst accelerating the growth opportunities in the diversified analytics and technology platforms within the business.
LCP, which was founded in 1947 and is headquartered in London and Winchester, is the leading independent provider of pension and investment consulting services in the UK. The company also provides services in fast-growing areas including technology analytics; insurance regulation and risk advisory; health analytics; and energy market modeling and consultancy. Today, LCP has c 800 people, ca.£245bn in Assets Under Advice, and 650 clients, including nearly half of the FTSE 100, as well as a number of insurance companies and charities.
The Osborne Clarke team was led by Private Equity Partner Tim Hewens with support from Senior Associate Will Nicolson, Associates Hannah Rossi and Charles Sunley as well as Trainee Solicitor Sarah Smith from the Private Equity team.
Osborne Clarke’s Corporate team is considered the go-to practice for many businesses, working with leading global businesses, fast-growth start-ups and market challengers.