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New Deal


Announced

Completed

Parthenon Capital completed the acquisition of a majority stake in Titan Wealth from Maven Capital and Ares Management.

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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wealth management

Asset Managers and Custodians

Friendly

Private Equity

Acquisition

United Kingdom

Completed

Majority

Cross Border

Single Bidder

Private

Synopsis

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Parthenon Capital, a private equity firm, completed the acquisition of a majority stake in Titan Wealth, a fund management business, from Maven Capital and Ares Management, two private equity firms. Financial terms were not disclosed. “This is fantastic news for Titan Wealth and our future growth plans. It is a validation of our differentiated client to custody strategy and the partnership positions us well for continued strong organic and inorganic growth. Parthenon is a standout investor and we look forward to working with them," Andrew Fearon, Titan Wealth CEO and Head of M&A.

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