Rathbone Brothers to acquire Saunderson House from Epiris for £150m.

Rathbone Brothers, a UK provider of personalised investment management and wealth management services, agreed to acquire Saunderson House, a UK-based advice-led wealth management business, from private equity firm Epiris for £150m ($209m). "Saunderson House is a high-quality business with a strong desire to deliver leading wealth management services to clients over the long term, and it will add both scale and capability to Rathbones. Commonly shared values and a resolute focus on delivering quality client outcomes provide a firm foundation from which to take advantage of some exciting growth opportunities. I very much look forward to welcoming everyone at Saunderson House to the Rathbones group as we work to exceed our ambitions together," Paul Stockton, Rathbones CEO.