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New Deal


Announced

Completed

HPS Investment completed the acquisition of a majority stake in Nucleus from Epiris.

Financials

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

Tags

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Cross Border

financial planning

United Kingdom

Private Equity

Private

Financial Data and Systems

Friendly

Acquisition

Single Bidder

Majority

Completed

Synopsis

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HPS Investment, an investment firm, completed the acquisition of a majority stake in Nucleus, an independent financial planning and retirement-focused platform, from Epiris, a private equity firm. Financial terms were not disclosed. “This transaction is a huge endorsement of all the work Richard, his team and we have put in to realising the vision we set out three years ago. Together, we have created a platform group that offers a comprehensive product set through an award-winning digital customer interface supported by best-in-class technology and operations," Owen Wilson, Epiris Partner.

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