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Announced

Pollen Street Capital to acquire Mattioli Woods for £432m.

Financials

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Transaction Value£432m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales3.9x
EV/EBITDA-
Share Price Premium34%
One Off Charge-

Tags

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employee benefit services

United Kingdom

Asset Managers and Custodians

wealth management services

pension consultancy

asset and wealth management

Acquisition

Private Equity

Domestic

Majority

Friendly

Single Bidder

Public

Pending

Synopsis

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Pollen Street Capital, an independent, alternative investment management company, agreed to acquire Mattioli Woods, a provider of wealth management and employee benefit services, for £432m. Pollen Street believes the acquisition will provide Mattioli Woods and its management team the flexibility to take longer-term decisions to maximise the growth potential of the business, continuing to invest in capabilities and client propositions, while also providing strategic support to develop new growth areas and operational expertise to drive greater efficiency.

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