JM Glendinning buys Butterworth Spengler in first deal after Synova investment
JM Glendinning has invested in a management buyout of Liverpool-based Butterworth Spengler to become the majority owner, Post can reveal.
It is the first deal for the broker since private equity house Synova invested in JM Glendinning last November.
At the time JM Glendinning CEO Nick Houghton, pictured, said the target was to grow the
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