Olswang partners in line for windfall with LongAcre sale
Olswang partners are in line for a significant pay-out as the top 50 firm prepares to sell its stake in its corporate finance advisory arm LongAcre Partners. The firm, which launched the company in 2000, could now pocket a seven-figure sum through securing a management buy-out during a surging media market, although Olswang refused to comment on the figures involved.
March 08, 2007 at 12:03 AM
2 minute read
Olswang partners are in line for a significant pay-out as the top 50 firm prepares to sell its stake in its corporate finance advisory arm LongAcre Partners.
The firm, which launched the company in 2000, could now pocket a seven-figure sum through securing a management buy-out during a surging media market, although Olswang refused to comment on the figures involved.
Olswang senior partner Mark Devereux, chief operating officer Kevin Munslow and former partner and firm founder Simon Olswang have now all resigned as directors to allow LongAcre to be sold.
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