Announced
Completed
Financials
Tags
Majority
Friendly
United Kingdom
insurance business
Acquisition
Single Bidder
insurance brokerage
Private
Insurance Brokers
Completed
Synopsis
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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