Private equity bid values James Hay owner at £206m
Recommended cash offer
“The offer by Epiris represents a compelling opportunity for shareholders to realise an immediate and attractive cash value for their shareholding in IFG today" - IFG Group's Kathryn Purves
IFG Group is set to be acquired by a private equity firm in a deal that values the parent company of platform and SIPP operator James Hay and wealth manager Saunderson House at approximately £206m.
The board of IFG has unanimously recommended the group's shareholders accept the cash offer from UK private equity business Epiris - formerly known as Electra Partners - for £1.93 per ordinary share...
More on Companies
Fairstone acquires Berkshire-based financial planner with £60m FUM
£800,000 annual fee income
Succession Wealth reports operating loss of £3.6m in 2020
Private equity-backed business
Perspective Financial Group acquires Corby-based planning firm
Northants and Cambs client base
Transact purchases financial planning software provider Time4Advice
First acquisition of 2021
Giles Dunning: The pitfalls to avoid when selling your IFA firm
Due diligence challenges
Back to Top
More news
What can Netflix hit Bridgerton teach us about financial planning?
Contains spoilers
Supreme Court 'substantially' rules in favour of business interruption claimants
Completes legal process
70% of UK financial services professionals 'not confident' their firm conducts ethical finance
Scepticism towards companies' commitments
Asset managers warn economy will get worse before it gets better
GDP falls 2.6% in November
Chris Budd: What to do if you are feeling fed up
Financial wellbeing junkies
