Electra unveils valuation impact of esure IPO

FTSE 250-listed Electra Private Equity has unveiled the valuation impact of the initial public offering of UK motor insurer esure, its third largest investment of September 30th 2012.

FTSE 250-listed Electra Private Equity has unveiled the valuation impact of the initial public offering of UK motor insurer esure, its third largest investment of September 30th 2012.

In February 2010, Electra invested £30m via the Tosca Penta Investments LP fund in the management buyout of esure from Lloyds Banking Group, led by Peter Wood, founder and Executive Chairman of esure.

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