Sir Terry Leahy and Bill Currie, founder of major investment firm William Currie Group, have joined the LMA team to drive forward its plans for international expansion

Former Tesco chief executive Sir Terry Leahy has invested in Liverpool-based media, music and performing arts specialists LMA.

The ex-boss of the retail giant and Bill Currie, founder of major investment firm William Currie Group, have joined the LMA team to drive forward its plans for international expansion.

Both Mr Leahy and Mr Currie have previously invested in growing small businesses. They have also backed Liverpool-based digital educational specialist Parentapps.

The pair began talks with brothers and co-founders of LMA Richard and Simon Wallace in 2018. Now, they have pledged their support to LMA and its students to help launch a new chapter of growth for the business, which includes opening a London campus and five international campuses.

LMA was propelled into the spotlight last year when a group of its students, ‘The LMA Choir’, made it through to the live shows of ITV hit show, The X Factor.

The choir wowed judge and mentor Robbie Williams with their infectious enthusiasm and incredible vocal talents. Sir Terry and Bill will now work closely with the brothers, as well as their team of industry experts, to help develop LMA and promote the brand globally.

Sir Terry said: “I’m absolutely thrilled to be part of LMA. The success is a true testament to Richard and Simon’s dedication, their team’s passion and, of course, our students’ talents. I’m looking forward to working closely with the team to help take LMA into its next chapter.”

Mr Currie, who has a track record in backing ventures at an early stage including such successes as ASOS, The Hut Group and Metapack, said: “It’s clear to see that LMA has a bright future and is on track for a fantastic period of growth.” 

Based across two campuses at Hope Street and Duke Street, LMA offers BA Honours degree courses and BTEC courses in Acting, Digital Film & TV Production, Games Art & Animation, Music Performance & Industry and Musical Theatre.

Richard Wallace said: “We have some major developments in the pipeline and their support will help drive these forward to allow us to inspire more future stars than ever before to achieve their dreams – from across Liverpool and beyond.”