B.P. Marsh & Partners (BPM)

Sector:

Financials

Index:

FTSE AIM All-Share

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 248.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 268.50
  • 52 Week Low: 187.50
  • Currency: UK Pounds
  • Shares Issued: 29.19m
  • Volume: 6,156
  • Market Cap: £72.54m
  • RiskGrade: 102

BP Marsh picks up 30% equity stake in US firm Mark Edwards Partners

By Iain Gilbert

Date: Monday 16 Oct 2017

LONDON (ShareCast) - (ShareCast News) - Venture capitalists BP Marsh and Partners announced on Monday that it would be taking a 30% equity stake in US-firm Mark Edwards Partners (MEP), providing the North American group with a $2m loan facility for future growth in the process.
MEP, a speciality insurance broker offering risk management services to both commercial and private clients out of its offices in New York City, Palm Beach and Los Angeles, held a license to operate in all 50 states, offering risk management and insurance programmes for corporations, non-profits, individuals and families.

When discussing the investment, Brian Marsh, chairman of BP, said, "We are pleased to announce a further investment in the United States. Mark Edward Partners is a strong established broker with a knowledgeable management team and ambitions for the future."

Mark Freitas, president and chief executive officer of MEP also noted, "We are extremely pleased to be partnering with BP Marsh who brings an abundance of experience and expertise on an international basis. We look forward to expanding our footprint globally and working with a group who shares our vision, not to mention working together with such a successful entrepreneur as Brian Marsh."

As of 1015 BST, BP Marsh shares had gained 5.22% to 262.00p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BPM Market Data

Currency UK Pounds
Share Price 248.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 268.50
52 Week Low 187.50
Volume 6,156
Shares Issued 29.19m
Market Cap £72.54m
RiskGrade 102

BPM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
37.47% above the market average37.47% above the market average37.47% above the market average37.47% above the market average37.47% above the market average
11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average
Price Trend
75.22% above the market average75.22% above the market average75.22% above the market average75.22% above the market average75.22% above the market average
66.89% above the sector average66.89% above the sector average66.89% above the sector average66.89% above the sector average66.89% above the sector average
Income
28.87% above the market average28.87% above the market average28.87% above the market average28.87% above the market average28.87% above the market average
8.11% below the sector average8.11% below the sector average8.11% below the sector average8.11% below the sector average8.11% below the sector average
Growth
58.89% above the market average58.89% above the market average58.89% above the market average58.89% above the market average58.89% above the market average
52.07% above the sector average52.07% above the sector average52.07% above the sector average52.07% above the sector average52.07% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BPM Dividends

  Latest Previous
  Final Interim
Ex-Div 29-Jun-17 n/a
Paid 28-Jul-17 n/a
Amount 3.76p 3.76p

Trades for 18-Dec-2017

Time Volume / Share Price
15:40 400 @ 250.60p
15:26 2,426 @ 245.50p
11:31 1,910 @ 247.10p
10:01 205 @ 247.10p
08:00 1,215 @ 247.10p

BPM Key Personnel

Chair Brian Marsh

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