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New Deal


Announced

Completed

Mattioli Woods completed the acquisition of Hurley Partners for £26m.

Financials

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Transaction Value£25m
Consideration TypeOrdinary Shares, Contingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales4.5x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Private

Asset Managers and Custodians

Single Bidder

Majority

financial advisory services

Friendly

wealth management

Acquisition

Completed

Private Equity

Synopsis

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Mattioli Woods, the specialist wealth management and employee benefits business, completed the acquisition of Hurley Partners, the private client adviser and asset management business with offices in London, Surrey and Manchester, for £26m. "This exciting acquisition is an important step forward for Mattioli Woods, as we continue to expand our operations. Our discussions with the management team have confirmed the strong cultural fit and our common approach to looking after clients, where the strategy of growing the enlarged Group with the client always in mind clearly resonates," Ian Mattioli, Mattioli Woods CEO.

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