Announced
Financials
Sources
Tags
Acquisition
United Kingdom
Single Bidder
Private
Friendly
Domestic
investment management
Pending
Private Equity
Majority
Private Equity
Synopsis
Schroders, an international asset management group, agreed to acquire a 75% stake in Greencoat Capital, a specialist asset manager dedicated to the resource efficiency and renewable energy sectors, for $473m. “We are pleased to welcome the Greencoat team to Schroders. Greencoat is a market-leading, high growth business, with an outstanding management team, which provides access to a large and fast-growing market in high demand among our clients. Its culture is an excellent fit with ours and Greencoat’s focus aligns very closely to our strategy, continuing our approach of adding capabilities in the most attractive growth segments we can provide to our clients," Peter Harrison, Schroders CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.