Ravenscroft Investment Management through its fund Bailiwick Investment Ltd acquired remaining 45% stake in ASG Group Limited for about £1.4 million on November 26, 2014. Following this acquisition, the founding shareholders of ASG, Mark Parr, Richard Parr and Nigel Le Gallez, will together retain a combined 25% shareholding in each of the operating subsidiaries alongside Stephen Page who has also acquired a 25% shareholding in each of the operating subsidiaries. Stephen Page has been appointed as Chief Executive Officer and Mark Parr will remain as Managing Director of Aircraft Servicing (Guernsey) Limited. Babbé Advocates acted as legal advisor to Ravenscroft Investment Management.


Ravenscroft Investment Management through its fund Bailiwick Investment Ltd completed the acquisition of remaining 45% stake in ASG Group Limited on November 26, 2014.