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New Deal


Announced

Completed

Premier Asset Management Group completed the merger with Miton Group in a £98m deal.

Financials

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Transaction Value£97m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Public

Acquisition

Asset Managers and Custodians

Friendly

United Kingdom

asset management

Merger

Single Bidder

Majority

Completed

Synopsis

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Premier Asset Management Group, a British investment management company, completed the merger with Miton Group, an asset manager, in a £98m ($122m) deal. "This merger will bring together two complementary and culturally-aligned businesses. Both are focused on delivering added value for clients through actively-managed, strongly-performing and relevant investment products. The combined group will create a company with greater scale and financial strength to invest for future growth, with broader and deeper investment capabilities, enhanced distribution and a more efficient operating platform. Ultimately, this should position us well for continued growth and deliver value for clients, shareholders and employees," Mike O'Shea, Premier CEO.

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