Squire Patton Boggs is advising AIM-quoted WH Ireland Group plc on its recommended all-share public takeover by AIM-quoted Team plc, by way of a scheme of arrangement, for a consideration of £12.7 million (a 257.5% premium to the undisturbed closing price). The transaction was announced on 27 November 2025 and, applying the exchange ratio, the combined group would have a market capitalisation of approximately £30.3 million.
The Squire Patton Boggs team advising WH Ireland is led by London Corporate partner Jayson Marks, assisted by Corporate partner Louise Barber, with share incentives advice being provided by Tax Strategy and Benefits partner Patrick Ford and associate Alice Jenkinson.
Team plc is a Jersey-incorporated wealth and asset management group and WH Ireland is a wealth management group with offices in London, Manchester and Poole. Team has stated that “the combined platform will benefit from more than £2.1 billion in assets under management and advisory, providing increased scale, operational efficiency, and a stronger foundation for future growth”.
Completion of the transaction is anticipated in the first quarter of 2026 and is subject to the approval of the FCA and the shareholders of both WH Ireland and Team plc.
Jayson Marks commented: “We are delighted to be advising our long-standing client WH Ireland on this takeover, following on from our acting on the disposal of its capital markets business last year. We look forward to a successful conclusion to the transaction, which is at a substantial premium for WH Ireland shareholders, and has significant shareholder support.”
