Private bank buys Cayman financial planning firm
To bolster its advice offering to clients in the region
To bolster its advice offering to clients in the region
With more deals in the pipeline in 2023
A round-up of people moves and M&A deals across North America
M&A talks had been ongoing since April 2022
Private equity firms continue to find the UK market appealing
Revised transaction structure has been agreed if original deal cannot be completed
Group led by CEO Daniel Daviau offered a 30.7% premium on firm’s share price
Both companies have private wealth and advice offerings
A round-up of people moves and M&A deals across North America
Combined group will have £80bn in assets under administration
It has completed five deals since receiving private equity investment in March 2021
Deal takes AuA to around £550m