Exco International

Exco International was a leading British money brokering company. It was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index but was acquired by British & Commonwealth Holdings in 1986.

Exco International

Company type	Public
Industry	Money brokering
Founded	1965
Defunct	1998
Fate	Acquired
Successor	ICAP
Headquarters	London, UK
Key people	Richard Lacy (Chairman)

History

The Company was established as a money brokering business in 1965 under the name of Astley & Pearce.^[1] It subsequently merged with Godsell & Co, another money brokering business.^[2]

In 1978 it was the subject of a management buyout from Gerrard & National who previously owned it.^[3] It was first listed on the London Stock Exchange in 1981.^[2]

The Company was acquired by British & Commonwealth Holdings in 1986.^[3]

When British & Commonwealth Holdings collapsed the business was sold off as Exco plc. In 1998 it acquired Intercapital plc in a reverse takeover.^[4] It has now been integrated into the ICAP Group.