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New Deal


Announced

Completed

SEI Master Trust completed the acquisition of National Pension Trust from XPS Pensions Group for $53m.

Financials

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Transaction Value£42m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

pension scheme

Domestic

Private

Asset Managers and Custodians

Acquisition

Majority

Completed

Friendly

Single Bidder

Synopsis

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SEI Master Trust, a pension scheme, completed the acquisition of National Pension Trust, a market-linked voluntary retirement contribution scheme, from XPS Pensions Group, a pensions consulting and administration business, for $53m. "Everything we do is centered around helping members of pension schemes receive the best outcomes and security in retirement. This goal has underpinned the operation of National Pensions Trust for many years, and it is a high-quality master trust that serves our clients, and most importantly, the members, very well," Paul Cuff, XPS Pensions Group Co-CEO.

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