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New Deal


Announced

Completed

Rathbone Brothers completed the acquisition of the Personal Injury and Court of Protection business of Barclays Wealth.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

United Kingdom

insurance business

Acquisition

Single Bidder

insurance brokerage

Private

Insurance Brokers

Completed

Synopsis

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Rathbone Brothers, a provider of individual investment and wealth management services, completed the acquisition of the Personal Injury and Court of Protection business of Barclays Wealth. Financial terms were not disclosed. "The Personal Injury and Court of Protection sector is an attractive specialist part of the UK Wealth Management market. The Barclays Wealth team is highly experienced and has a strong set of relationships in their sector. We're delighted that they are joining us to complement our existing specialist capability," Paul Stockton, Rathbones CEO.

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