Evelyn Partners has sold its professional services business to private equity giant Apax for £700m, according to people familiar with the matter.
The deal sees Evelyn Partners become a pure-play UK wealth manager.
Wealth Management
Evelyn Partners sells accounting arm to Apax for £700m
Months-long bidding war for Evelyn Partners’ professional services business draws to a close
Evelyn Partners has sold its professional services business to private equity giant Apax for £700m, according to people familiar with the matter.
The deal sees Evelyn Partners become a pure-play UK wealth manager.