.
MergerLinks Header Logo

Announced

Schroders to acquire the solutions division of River and Mercantile Group for £230m.

Financials

Edit Data
Transaction Value£230m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA13.4x
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

Domestic

Majority

Single Bidder

Management Consulting

United Kingdom

Private

Pending

advisory solutions

Acquisition

Synopsis

Edit

Schroders, a British multinational asset management company, agreed to acquire the solutions division of River and Mercantile Group, a management consulting company, for £230m. "This acquisition further enhances our ability to meet the increasingly complex needs of pension fund clients and is consistent with our growth strategy. The business brings with it a well-respected team, with a strong track record of success and is a good cultural fit with Schroders. We see significant opportunities from this partnership," Peter Harrison, Schroders CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US