Preservation Capital Partners Invests in Parmenion

March 9, 2021

Preservation Capital Partners has made a growth investment in Parmenion, a UK-based provider of adviser platform technology, custody and discretionary fund management services. The deal supports Parmenion’s management team to scale the business into a national champion; the company manages roughly £8.0bn of assets and serves thousands of advisers and tens of thousands of savers. Standard Life Aberdeen is referenced as the party being advised in the transaction.

Targets
Parmenion
Sellers
Standard Life Aberdeen
Location
England, United Kingdom
Transaction Type
Growth capital

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