Evelyn Partners to complete professional services business sale today

To funds advised by Apax

Jen Frost
clock • 2 min read

Evelyn Partners Group will today complete the sale of its professional services business to funds advised by Apax Partners (Apax), it confirmed this morning (31 March).

The deal sees UK wealth manager Evelyn Partners and professional services firm S&W become two standalone businesses. Former Evelyn Partners chief professional services director Andrew Wilkes is set to assume the S&W CEO role, with former Evelyn Partners group CFO Andrew Baddeley becoming S&W CFO. Scott Kirk is set to continue as Evelyn Partners interim CFO. Both businesses "remain committed to pursuing a strong ongoing commercial relationship", Evelyn Partners confirmed in a press release shared this morning. Evelyn Partners CEO Paul Geddes said: "The completion of this major tr...

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 Your Business

FCA launches tool to help firms understand its investment advice expectations

FCA launches tool to help firms understand its investment advice expectations

Regulator unveils its ‘Investment Advice Assessment Tool’

Isabel Baxter
clock 13 June 2025 • 1 min read
Simon Rogerson on the pitfalls of growing through acquisitions

Simon Rogerson on the pitfalls of growing through acquisitions

'Communication needs to be two-way, especially when two businesses come together.'

Simon Rogerson
clock 12 June 2025 • 4 min read
How connection drives operational efficiency and reduces turnover risk in financial services

How connection drives operational efficiency and reduces turnover risk in financial services

'33% of financial services professionals feel like outsiders in their own workplace'

Mary-Clare Race
clock 11 June 2025 • 5 min read