Announced

NatWest Group to acquire Evelyn Partners from Permira and Warburg Pincus for £2.7bn.

Synopsis

NatWest Group, a British banking and insurance holding company, agreed to acquire Evelyn Partners, a UK wealth manager, from private equity firms Permira and Warburg Pincus for £2.7bn. "Bringing together these two leading businesses creates a unique opportunity to provide financial planning, savings and investment services to more families and people across the UK. We look forward to welcoming our new clients and working with our colleagues at Evelyn Partners to transform the services our 20m customers across the Group can expect from us," Paul Thwaite, NatWest Group CEO.

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MergerLinks - NatWest Group to acquire Evelyn Partners from Permira and Warburg Pincus for £2.7bn.