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
- Industry
- Financial Services
- Location
- England, United Kingdom
- Transaction Type
- Growth capital
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