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MBO takes place at Gissings

The management team at Gissings Advisory Services has effected a management buyout, announced today.

The senior team – Andy Kilbey, Jamie Barnes, Iain Laws and David Brooks – backed by the private equity investor Dunedin, has acquired all the shares in GASL from owners Sean Breslin and Andrew Dawson.

Gissings pensions business, Gissings Consultancy Services, is not affected by this deal and will continue to focus on its own plans to grow through organic growth.

The two companies will continue to work together to facilitate the delivery of an end-to-end pensions and benefits service for their mutual clients.

A Gissings spokesperson says: “The new owners have ambitious plans for GASL and believe that their position as the only fully integrated practice in the UK will allow them to grow and develop as market leaders.”

GASL will continue to trade using the Gissings name for a transitional period and will continue to be based in Finsbury House.

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