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New Deal


Announced

Completed

Utmost Group completed the acquisition of Quilter International for $665m.

Financials

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Transaction Value£450m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Single Bidder

Acquisition

Majority

Friendly

Asset Managers and Custodians

United Kingdom

investment management

Private

Completed

Synopsis

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Utmost Group, a provider life assurance, completed the acquisition of Quilter International, the investment platform provider of cross-border investment solutions unit of Quilter, for $665m. "This is a highly attractive acquisition for Utmost and underscores the importance of our Utmost International business. Quilter International is highly complementary to our existing International business from both an operational, product and distribution perspective," Paul Thompson, Utmost CEO.

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