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New Deal


Announced

Completed

IPS Capital completed the merger with Prospect Wealth Management.

Financials

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

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Friendly

investment management

Acquisition

Majority

Merger

United Kingdom

Single Bidder

Asset Managers and Custodians

Completed

Private

Private Equity

Synopsis

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IPS Capital, the multi-asset investment management firm, completed the merger with Prospect Wealth Management, a branch of Raymond James Investment Services. Financial terms were not disclosed. "Our strategic partnership with Prospect enhances our collective investment expertise, which we believe will add value to both firms’ clients. Our personalised service provides a clear point of differentiation from the larger, often listed wealth managers. We are delighted to welcome Matthew and his team into the IPS family," Jonathan Blain, IPS Capital CEO.

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