Onside Issue 6 - 21

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driving force, Ludlow have built a great business
and first-rate team culture, which I am sure will
benefit Ian and David moving forward. We're all
looking forward to seeing the business continue
to develop as it enters its next stage of growth
with Mobeus."
Chris Price, a Partner at Mobeus Private Equity
commented: "Seneca first introduced Mobeus to
Ludlow in 2016 in order for us to have the chance
to build a relationship with the team. Ludlow is a
people led business and as such a genuine meeting
of minds and cultures between investor, vendor who was rolling some value - and management
was vitally important. After pushing Mobeus hard
to deliver the best offer possible for their clients
Seneca worked alongside us to ensure that the
diligence phase of the investment proceeded
smoothly and showed a detailed knowledge of
Ludlow's business. Once terms had been agreed
the deal progressed to completion and Seneca are

still working alongside Ludlow helping to deliver on
the acquisition strategy that underpins Mobeus'
plans for the business."
Ian Hemingway, Managing Director of Ludlow
said: "We take pride in helping our clients make
the right choices, enabling them to achieve
financial peace of mind. This proven client focus
is a key differentiator for the business and is
increasing our market share, as well as making
us an attractive acquirer for financial advisory
businesses that share our passion for putting
the client first."
The Ludlow shareholders were also advised
on the transaction by the corporate team at
Napthens in Preston, led by Keith Melling.

Jeff Morton

Gordon Lane
Director, Seneca Property
Head of Corporate Finance

E gordon.lane@senecapartners.co.uk

jeff.morton@senecaproperty.com
T 01942 295 983
www.senecaproperty.com



Table of Contents for the Digital Edition of Onside Issue 6

Contents
Onside Issue 6 - Cover1
Onside Issue 6 - Cover2
Onside Issue 6 - Contents
Onside Issue 6 - 4
Onside Issue 6 - 5
Onside Issue 6 - 6
Onside Issue 6 - 7
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Onside Issue 6 - Cover3
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