Aegon UK acquires pension communications firm
The two companies have been in partnership since 2018
The two companies have been in partnership since 2018
It wants to bolster its ‘product or distribution’ capabilities
Firm says the decision for the M&A deal ‘was not taken lightly’
As a similar number eye European expansion now that a deal is in place
‘We have come as far as we can with our current structure’
Deal is expected to complete in the second half of 2021
Clients ‘are entitled to know’ if he ‘benefited from the sale to Bain Capital’
Deal adds over £100m in funds under management
It ‘believes that other growth and acquisition opportunities are more compelling at this time’
Would-be acquirer unable to make the company fit its model
‘Smart buyers’ are starting to accurately value a business
Deal will enable ‘us to focus fully on our core’ business