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New Deal


Announced

Titan Wealth to acquire Tavistock Wealth from Tavistock Investments for £40m.

Financials

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Transaction Value£40m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Acquisition

Pending

Cross Border

Single Bidder

multi-asset manager

Asset Managers and Custodians

Friendly

Majority

Private

Private Equity

Synopsis

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Titan Wealth, a discretionary fund management/wealth and asset management business, agreed to acquire Tavistock Wealth, Tavistock's multi-asset manager with over £1bn of funds under management, for £40m. "We are excited to partner with Tavistock and look forward to a successful future together. We have been impressed by Tavistock's leadership team, the business that they have developed, and the outstanding investment funds run by Tavistock Wealth," James Kaberry, Titan Executive Chairman.

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