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New Deal


Announced

Carlyle-backed Hurst Point Group to acquire Metis Wealth and Metis Asset Management.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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asset management

Private Equity

United Kingdom

Domestic

Asset Managers and Custodians

Single Bidder

Private

Acquisition

Friendly

Majority

Pending

Synopsis

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Carlyle-backed Hurst Point Group, a provider of growth capital and financial services, agreed to acquire asset management firms Metis Wealth and Metis Asset Management. Financial terms were not disclosed. “We very much look forward to becoming part of Hurst Point Group and continuing the journey of growing our business whilst further enhancing our client proposition. We are confident this move will have a very positive impact for both our clients and the exceptional Metis team," George Delaney and Simon Arthur, Metis Founders.

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