NatWest Group Acquires Evelyn Partners Wealth Manager in £2.7 Billion Deal

Apax Funds to Acquire Evelyn Partners' Professional Services Business (rebranded S&W)

November 25, 2024

Accounting & Tax

Apax Funds, advised by Apax Partners LLP, has agreed to acquire the professional services business of Evelyn Partners. The acquired business will be rebranded S&W, operate from London as a standalone company focused on accountancy and advisory services, and will be supported by Apax to invest in technology, talent and pursue M&A to consolidate the fragmented UK mid-market.

Goldman Sachs Acquires NN Investment Partners

August 19, 2021

Financial Services

Goldman Sachs agreed to acquire NN Investment Partners from NN Group N.V. for approximately €1.6 billion, with closing expected by the end of Q1 2022 subject to regulatory approvals. The acquisition was later completed in April 2022 for €1.7 billion and NN Investment Partners was integrated into Goldman Sachs Asset Management, with the Netherlands becoming a key European sustainability center of excellence.

Bain Capital Private Equity to Acquire Perpetual Wealth Management

March 16, 2026

Wealth Management

Perpetual has entered into a binding agreement to sell its Wealth Management business (the Perpetual Wealth Management Group) to Bain Capital Private Equity for A$500 million upfront, with additional contingent payments tied to performance and an earnout of up to A$50 million. The deal is expected to complete toward the end of calendar year 2026, subject to regulatory approvals including FIRB and the ACCC, as well as Perpetual’s corporate restructuring and separation of the business.

Warburg Pincus-Led Investor Group To Acquire ECN Capital in C$1.9 Billion All-Cash Deal

November 14, 2025

Financial Services

ECN Capital entered into a definitive arrangement agreement to be acquired in an all-cash transaction valued at approximately C$1.9 billion by a newly formed acquisition entity controlled by an investor group led by Warburg Pincus. The deal provides immediate liquidity for shareholders and is anticipated to close in the first half of 2026, subject to regulatory approvals and court orders.

Nuveen Agrees to Acquire Schroders plc in a Cash Deal Valued at £9.9 Billion

February 12, 2026

Financial Services

Nuveen has agreed to the terms of a board-recommended cash acquisition of Schroders plc for approximately £9.9 billion. The deal is expected to close in Q4 2026, subject to shareholder approval and regulatory approvals, and Schroders is expected to operate as a standalone business within Nuveen for at least 12 months post-completion.

Victory Capital Acquires WestEnd Advisors

November 4, 2021

Financial Services

Victory Capital Holdings, Inc. entered into a definitive agreement to acquire 100% of WestEnd Advisors, LLC, a Charlotte-based asset manager that provides ETF-based model allocation strategies and separately managed accounts with approximately $18 billion in assets. The deal was announced November 4, 2021 (upfront consideration of $480 million plus deferred earnouts) and the acquisition closed on December 31, 2021.