Landmark transaction enables wealth manager to plan for next stage of growth
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 investment with Lovell Minnick will enable the business to expand its client solutions, grow internationally, invest in technology and bring on new teams.
Lovell Minnick Partners is a US-based private equity firm focused on investments in financial services, financial technology and related business services.
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 was an excellent support throughout this process, and provided us with first-class advice and guidance.ELAINE FREEDMAN, SHAREHOLDER, LONDON & CAPITAL GROUP LIMITED, UK
Oaklins played a major role in facilitating this deal
Oaklins Cavendish, based in the UK, advised the Freedman family, the largest shareholders in London & Capital, on their majority stake sale.
Read more about the transaction, market trends, deal drivers and M&A valuation aspects
Talk to our advisor