Squire Patton Boggs has acted for Hurst Point Group on its acquisition of Metis Wealth Limited and Metis Asset Management Limited.
The team advising Hurst Point Group was led by Corporate partner Julian Thatcher in London.
Hurst Point Group was established in 2019 by The Carlyle Group to provide growth capital to Financial Services businesses, with a specific focus on the Wealth and Asset Management sectors in the UK.
Established in 2013, Metis Wealth is a specialist team of Chartered Financial Planners based in London and Sussex. It provides independent financial planning services for clients in London and across the southern counties of England.
“We are delighted to have acted for the first time for Hurst Point Group on this significant acquisition,” said Julian Thatcher. “The Group is pursuing an exciting strategy of growth through acquisition and this deal significantly increases its AUM and positions it extremely well for further growth in a fragmented market.”
“We value Hurst Point Group as an important client of the firm,” added Paul Mann, European head of Private Equity, “and we are pleased to support them through our private equity practice which we continue to invest in and which has extensive experience in “buy and build” and bolt-on strategies for PE houses and their portfolio companies.”