Evelyn Partners private equity owner mulls stake sale - reports

Outright sale or break-up considered

Valeria Martinez
clock • 1 min read

Permira, the private equity owner of Evelyn Partners, is sounding out advisers to explore a sale of its £1.5bn majority stake in the wealth manager.

According to a The Sunday Times report over the weekend, the London-headquartered firm is exploring options that would include an outright sale, or splitting up the business to attract buyers interested in its accountancy unit.  Permira acquired a stake in what eventually became Evelyn Partners in 2014 by purchasing the online investment platform Bestinvest and merging it with competitor Tilney. Evelyn Partners' Park: Higher UK valuations could further weaken wealth manager home bias Warburg Pincus joined as an investor in 2020, supplying capital for the merger between Tilney and t...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

FOS chair refuses to explain former CEO's sudden departure

FOS chair refuses to explain former CEO's sudden departure

Treasury slams Baroness Manzoor's 'disrespectful' assertion

Isabel Baxter
clock 14 July 2025 • 3 min read
NextGen Planners becomes Plannex

NextGen Planners becomes Plannex

‘We have outgrown the name NextGen’

Isabel Baxter
clock 10 July 2025 • 2 min read
Chase de Vere's revenue hits £118.6m driven by acquisitions and client referrals

Chase de Vere's revenue hits £118.6m driven by acquisitions and client referrals

Profit before tax reaches £31.9m in 2024

Isabel Baxter
clock 08 July 2025 • 2 min read