BP Reveals Financial Report: Profits Increase, Distribution of £4 Million in Dividends
B.P. Marsh & Partners Plc Makes Strategic Investments and Achieves Significant Growth
B.P. Marsh & Partners Plc, a specialist private equity investor in early-stage financial services businesses, has been making waves in the industry with its recent investments and financial performance.
In a series of strategic moves, the company disposed of Paladin Holdings Limited and CBC UK Limited, receiving £44.0m in consideration. The investment in iO Partners was made via a mixture of Preferred and Ordinary shares, although the details of the transaction were not provided.
The company's focus on fast-growing financial services companies is evident in its increased stake in Pantheon, a rapidly growing independent broker within the Lloyd’s and London insurance market. B.P. Marsh increased its stake by an additional 2%, investing £275 million in Pantheon. The company is expected to achieve an adjusted EBITDA of approximately £18 million by the end of 2025, reflecting significant growth since its inception.
Pantheon's growth is being supported by a £5 million revolving loan facility, with £3.5 million drawn down initially. This loan facility is aimed at fuelling Pantheon's continued growth.
B.P. Marsh's financial performance has been impressive, with a return on equity of 22.24% and a net margin of 577.55%. The company has a market capitalization of £265.48 million and trades at a price-to-earnings ratio of 4.92, indicating relatively undervalued stock given its earnings performance.
The company's net asset value increased by £97.2m to £326.4m, representing a 42.4% increase. The net asset value per share increased by 261.0p to 890.0p. The consolidated profit before tax for B.P. Marsh increased to £104.7m from £43.6m in the previous year.
The company announced its H1 results for the six months to 31 July 2024, and its audited Group Final Results for the year ended 31 January 2025. The total shareholder return for the year was £101.2m, comprising growth in Net Asset Value and £4.0m dividends paid.
In addition to the investments mentioned, B.P. Marsh made four new equity investments during the year, two of which were made post year-end. The value of the investment in iO Partners was £10m, and the Group completed a new investment in Devonshire UW Limited, although the details of this investment were not provided.
The equity portfolio valuation increased by 83.5% during the year. B.P. Marsh also disposed of Lilley Plummer Risks Limited, receiving £21.7m, and sold a shareholding in Lilley Plummer Holdings Ltd, although the financial impact of these transactions and the details of the transactions were not disclosed.
In summary, B.P. Marsh & Partners Plc is a private equity firm that is focusing on strategic investments in fast-growing financial services companies while maintaining strong financial performance metrics. The company's investments in Pantheon and iO Partners, among others, reflect its commitment to supporting the growth of these companies and its own financial success.
- B.P. Marsh & Partners Plc, an innovator in the financial services realm, demonstrates its commitment to growth-focused businesses by investing in insurtech companies like iO Partners.
- The event of B.P. Marsh increasing its stake in Pantheon, a renowned independent broker in the insurance market, signifies a strategic move in underwriting and finance for the business.
- The impressive financial results of B.P. Marsh & Partners Plc, coupled with its strategic investments and growing portfolio, make it an attractive choice for investors seeking lucrative opportunities in financial services and events.
