Announced
Completed
Financials
Tags
Private Equity
United Kingdom
private equity
Private Equity
Acquisition
Cross Border
Majority
Private
Friendly
Single Bidder
Completed
Synopsis
Patria Investments, a global alternative asset manager, completed the acquisition of private equity solutions business from abrdn, a United Kingdom-based global investment company, for £100m. “We are thrilled to bring this transaction to a close and launch this new growth engine for Patria’s investment platform. Merrick and his team have built a great business with complementary strategies and a respected track record, and we believe they can thrive in leveraging Patria’s platform as we grow together," Marco D’Ippolito, GPMS Head.
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