Announced
Synopsis
Goldman Sachs Alternatives, the private equity arm of Goldman Sachs, agreed to acquire Anderson Anderson & Brown, a UK-based professional services firm offering accounting, tax, audit, corporate finance, HR, payroll and wealth advisory services, from August Equity, a UK-based private equity firm that provides equity capital for management buy-outs, buy-ins, development capital, and replacement capital in growing businesses. Financial terms were not disclosed. “We are delighted to invest in AAB at this hugely exciting stage in its evolution. As a Top 25 Accounting firm in the UK, we see AAB going from strength to strength and fast becoming a leading provider of professional services to the UK and Irish mid-market,” Jose Barreto, Goldman Sachs Alternatives Private Equity Partner.
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