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New Deal


Announced

Completed

Maven Capital and Ares-backed Titan Wealth completed the acquisition of Global Prime Partners.

Financials

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

Tags

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Cross Border

Acquisition

Friendly

Majority

United Kingdom

Asset Managers and Custodians

Private

Single Bidder

wealth management

Private Equity

Completed

Synopsis

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Maven Capital and Ares-backed Titan Wealth, a UK asset and wealth management firm, completed the acquisition of Global Prime Partners, a multi-award winning financial services firm. Financial terms were not disclosed. Titan’s launch comes at a time when consolidation is taking the wealth and wealth management industries by storm. Groups that manage money on behalf of demographics, from retail investors and wealthy individuals to the largest institutional clients, are seeking more scale to compete in a world where low interest rates and rising regulatory costs are consuming their margins.

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