Franklin Templeton buys BNY Mellon’s European credit business for up to £790m
Acquisition of Alcentra will bring firmwide alternative assets to £219bn
M&A
-
-
Progeny acquires Hampshire-based advice firm
Its third acquisition since a US-based private equity firm bought a majority stake in the business
-
Benchmark Capital buys Northern Ireland advice firm
Deal adds £120m in client assets to the Schroders’ subsidiary
-
Tavistock buys research firm for £3m
It acquired 21% of parent company LEBC Holdings at the start of the year
-
Brooks Macdonald scoops up £250m with wealth firm acquisition
Its IFA subsidiary is also part of the deal
-
SJP partner firm acquires Scottish advice business
It is the company’s second deal in three years
-
Kingswood buying spree continues as it inks fifth IFA deal this year
It has four potential acquisitions ‘in exclusive due diligence’
-
Morningstar acquisition of Praemium International greenlit
FCA and Jersey regulator give deal their respective nods of approval
-
Perspective Financial Group buys Cambridgeshire firm
It has made 51 acquisitions since 2008 and has a ‘good pipeline’ for even more in 2022/23
-
Schroders trust shares pep up as former Woodford holding merges with Spac
Value of SUPP’s holding in Benevolent AI written up by a further 40%
-
European PE investor buys Ascot Lloyd
IFA firm is currently owned by US investor Oaktree Capital Management, which bought Sanlam’s wealth operations in 2021
-
Tatton Asset Management buys 50% stake in 8AM
With the option to acquire the remaining stake ‘in due course’