Foster Denovo acquires TEBC

The Foster Denovo Group is delighted to confirm the acquisition of TEBC Limited, an employee benefits consultancy.

Based in Marlow, Buckinghamshire, TEBC Limited has in the region of 100 corporate client relationships, providing corporate advice predominately on pensions and group risk, with some face-to-face member advice.

The acquisition will see TEBC Limited’s staff join the Foster Denovo Group. Over time, Foster Denovo intends to integrate the operation of TEBC with its own Secondsight employee benefits division, offering additional and enhanced services to TEBC clients.

Roger Brosch, CEO of Foster Denovo, commented on the acquisition: “We are delighted to welcome TEBC, their clients and staff into the Foster Denovo Group. Sue Lewis, who heads up TEBC Limited, has built exceptionally strong relationships with her clients and her experience in financial services and employee benefits is invaluable. I am particularly looking forward to Sue joining and sharing her extensive knowledge with her new employee benefit colleagues in Secondsight.”

Sue Lewis, Managing Director of TEBC, added: “We are looking forward to joining Foster Denovo and the benefits it will bring to the TEBC clients and our team.”

Read the full press release here.