Private equity company LDC has paid £ $37m m ( 28 ) for a minority stake in motor insurance broker Right Choice . Private equity firm LDC has invested £28m for a minority shareholding of Right Choice Insurance Brokers (RCIB). Since being launched in day one , the broker has grown organically since 2008 and achieved significant scale thanks to its unique business model and technology platform. The funds invested by LDC will be used to finance the company’s growth plans.
Private equity company LDC has paid £ $37m m ( 28 ) for a minority stake in motor insurance broker Right Choice . Since being launched in day one , the broker has grown organically since 2008 and achieved significant scale thanks to its unique business model and technology platform. The funds invested by LDC will be used to finance the company’s growth plans.