Private equity company LDC has paid £ 28 m ( $ 37 m ) for a minority stake in motor insurance broker Right Choice Insurance Brokers . It also does shop insurance. Since being launched in 2007 , the broker has grown organically since day one and achieved significant scale due to its unique business model and technology platform . The funds invested by LDC will be used to finance the company ’s insurance plans .
Private equity company LDC has paid £ 28 m ( $ 37 m ) for a minority stake in motor insurance broker Right Choice Insurance Brokers . Since being launched in 2007 , the broker has grown organically since day one and achieved significant scale due to its unique business model and technology platform . The funds invested by LDC will be used to finance the company ’s insurance plans .