Insurance Broker BMS Group's Owners Weigh Its Sale, With £600 Million Valuation
British Columbia Investment Management Corp. and Preservation Capital Partners are considering a sale of BMS Group that could value the insurance broker
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British Columbia Investment Management Corp. and Preservation Capital Partners are considering a sale of BMS Group that could value the insurance broker
Adviser platform Parmenion has revealed the further expansion of its investment proposition with the addition of portfolios from discretionary fund manager (DFM) Brooks Macdonald.
The shareholders of Parmenion are exploring to sell a significant stake at a valuation of £300m and £400m.
Platform Parmenion has bought Midlands-based discretionary fund manager (DFM) EBI Portfolios for an undisclosed sum.
SLA offloads Parmenion to European private equity firm in £102m deal Sale is to simplify SLA’s adviser strategy around its Wrap and Elevate platforms Standard Life Aberdeen has agreed to sell its adviser platform Parmenion to private equity business Preservation Capital Partners in a deal worth up to £102m. This comes hours after Portfolio Adviser sister title International Adviser reported that the business was still up for sale. SLA said the reason for the sale is “the simplification of its adviser strategy around the business’ core propositions – Wrap and Elevate”. Founded ...