Announced
Financials
Tags
Private Equity
Pending
United Kingdom
investment platform
Software
Acquisition
Domestic
Private
Majority
Friendly
Single Bidder
Synopsis
HPS Investment Partners-backed Nucleus Financial, a company that provides financial services, agreed to acquire Third Financial, an investment platform and software provider. Financial terms were not disclosed. “We're delighted to announce the acquisition of Third Financial. By combining our scale, expertise and relationships, with their innovative technology, we’ll be able to offer a broader proposition to serve the needs of wealth managers and advisory businesses across the sector. We’ve long admired the team that Ian has built at Third Financial and what they’ve achieved. Their focus on innovation and client centricity has clearly differentiated their business, establishing them as one of the leading investment platform providers, and they will be a great addition to our group,” Richard Rowney, Nucleus Financial CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.