M&A Deals

Financial planning | 8 Jul 24

Chartered UK adviser Skerritts Group adds £400m AUM with acquisition of KMG Independent

This brings the number of deals that Skerritts Group has completed since the Sovereign investment up to nine

Investment | 5 Jul 24

BlackRock to acquire private markets data provider Preqin for £2.55bn

The deal is expected to close before year-end 2024

Companies | 5 Jul 24

Kingswood CEO David Lawrence resigns with immediate effect

A process to appoint a permanent CEO will commence shortly

Europe | 4 Jul 24

Utmost Group to acquire Lombard International adding £43bn AUA

It will be financed through a £200m bank loan, with remainder covered by existing cash reserves

Investment | 1 Jul 24

Nucleus expands operations with completion of Third Financial acquisition

The Nucleus group now has £97bn of assets under administration (AUA) Third Financial’s software service supports the administration of a further £40bn of assets, the company said.