London & Capital has sold a majority stake to Lovell Minnick Partners

The Freedman family has sold a majority stake in London & Capital Group Limited to Lovell Minnick Partners. As part of the transaction, London & Capital’s management team will continue to run the business and retain a significant minority stake.

Founded in 1986, London & Capital has three specialist franchises focused on US family office, private investment office and institutional clients. The business has a differentiated and highly scalable investment process, deployed across all three franchises and coordinated by a 12-strong investment desk.

Lovell Minnick Partners is a US-based private equity firm focused on investments in financial services, financial technology and related business services.

Oaklins Cavendish, based in the UK, provided advisory services to the Freedman family, shareholders in London & Capital, on their majority stake sale to Lovell Minnick.

Service

M&A sell-side

Parties

“We are delighted to have achieved this result for the business that Daniel Freedman co-founded and to have found such a strong partner in the form of Lovell Minnick for the next stage of its growth. Oaklins Cavendish were an excellent support throughout this process, and provided us with first-class advice and guidance throughout.”

Elaine Freedman

Shareholder, London & Capital Group Limited

Talk to the deal team

Ben Goldring

Partner

London, United Kingdom
Oaklins Cavendish

View profile Get in touch

Lord Leigh of Hurley

Managing Partner

London, United Kingdom
Oaklins Cavendish

View profile Get in touch

Tom Holland-Hibbert

Senior Associate

London, United Kingdom
Oaklins Cavendish

View profile Get in touch

Related deals

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets

Private Equity | Construction & Engineering Services | Energy | TMT

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets

iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.

Learn more

Banco BPM Vita S.p.A. has launched a voluntary public tender offer for Anima Holding S.p.A.

Financial Services

Banco BPM Vita S.p.A. has launched a voluntary public tender offer for Anima Holding S.p.A.

Banco BPM Vita S.p.A. has initiated a voluntary public tender offer for the shares of Anima Holding S.p.A.

Learn more

Chequers Capital has acquired Gourmet Italian Food to strengthen presence in the ready meals sector

Private Equity | Food & Beverage

Chequers Capital has acquired Gourmet Italian Food to strengthen presence in the ready meals sector

Chequers Partenaires S.A., acting as the management company of the private equity fund Chequers Capital XVIII SLP, together with management, has completed the acquisition of 100% of the share capital of Gourmet Italian Food S.p.A. (GIF). The company was previously owned by Alcedo SGR S.p.A. through the Alcedo IV Fund, FVS SGR S.p.A. through the Sviluppo PMI Fund, and minority shareholders.

Learn more