Announced
Completed
Financials
Sources
Tags
Acquisition
Merger
Domestic
Friendly
Private Equity
Asset Managers and Custodians
Completed
United Kingdom
Majority
Private
asset management
Synopsis
LDC-backed Linley & Simpson, a real estate brokerage, completed the merger with MML Capital-backed Lomond Capital, a holder and owner of securities of companies, in a £100m ($136m) deal. ”LDC has been a great supporter of our strategy to grow through acquisition. This transaction is a continuation of our approach to building our business while retaining our successful local approach. We’re excited about the opportunities in each of the Lomond regions and I’m looking forward to working closely with Stuart, the Lomond team and LDC to help grow the new group,” Will Linley, Linley & Simpson Co-Founder and Managing Director.
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