London-based private equity firm Epiris Managers completed the acquisition of IFG Group, a financial services holding company with full market listings in London and Dublin. The £1.93 per share price represents a premium of approximately 46% to IFG's closing share price of £1.325 on March 22, 2019. "We are pleased to be announcing this transaction today and believe it is an excellent outcome for shareholders, for the company, and for our clients. The offer by Epiris represents a compelling opportunity for shareholders to realise an immediate and attractive cash value for their shareholding in IFG today. In addition, our employees and clients will benefit under the ownership of Epiris which should help accelerate the delivery of IFG's strategic objectives and the underlying strategies of James Hay and Saunderson House," Kathryn Purves, IFG CEO.