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New Deal


Announced

Lovell Minnick Partners-backed London & Capital to merge with Waverton Investment Management Group.

Financials

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

Tags

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United Kingdom

Asset Managers and Custodians

asset and wealth management

Merger

Pending

Friendly

Private Equity

Acquisition

Private

Single Bidder

Domestic

Majority

private equity

United States

Private Equity

Synopsis

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Lovell Minnick Partners-backed London & Capital, a wealth management company, agreed to merge with Waverton Investment Management Group, an investment management house. Financial terms were not disclosed. "We're genuinely thrilled to announce our merger with Waverton. Our shared commitment to a client-focused approach aligns seamlessly, and we believe this combination will elevate our ability to effectively scale while delivering unparalleled client service, investment opportunities, and wealth solutions. Providing personalised service and retaining our entrepreneurial spirit has always been paramount, and the cultural fit with Waverton is perfect,” Guy McGlashan, London & Capital CEO.

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