Aspira Corporate Solutions Limited, a subsidiary of LEBC Holdings, has acquired bespoke pensions and employee advisory firm Demna Consulting Limited for an undisclosed fee, subject to regulatory approval.

Aspira, the financial planning firm specialising in workplace pensions, employee benefits and wealth management, said that agreement would allow both companies to further develop their customer offering and will build on Aspira’s “expertise and resources”.

The acquisition is the group’s first since 2018 and represents an “immediate net increase in revenue and earnings”.

Aspira group managing director, Derek Miles, commented: “I am delighted to welcome Guy and Vicky along with the customers of Demna to Aspira.

“The synergies between our customer solutions and service ethos are extremely strong and they’re a great fit for us.

“I am very much looking forward to helping Guy and Vicky achieve their ambitions plans and to the wider Aspira team working closely with Guy, Vicky and Demna’s customers.”

Demna directors, Guy and Vicky Quigley, added: “After 9 years of developing and growing Demna Consulting Limited, we felt that joining a leading national firm would help take our service proposition for our clients and professional connections to the next level.

“It was clear to us from our early discussions with Derek and his team at Aspira, that they share our clear focus on putting clients and their employees first.

“We are excited about the direction that Derek and his team at Aspira are takin and look forward to joining them.”

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