Announced
Completed
Financials
Sources
Tags
Cross Border
financial planning
United Kingdom
Private Equity
Private
Financial Data and Systems
Friendly
Acquisition
Single Bidder
Majority
Completed
Synopsis
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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