Merger · Adviser / wealth-management
London and Capital Group Limited and Waverton Investment Management Group Limited
Transaction overview
Status: Reported completed
London and Capital Group Limited, the adviser’s parent at the time, and Waverton Investment Management Group Limited announced a merger on February 29, 2024. Somers reported completion on June 28, 2024. The adviser is recorded as an indirect transaction subject; this was a parent-group merger.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- London & Capital Group and Waverton Investment Management Group Announce Merger ↗
W1M · Published Feb 29, 2024
Reports the agreement to merge the two groups, announced on February 29, 2024 and then subject to regulatory approval.
- Somers Limited reports half year results ↗
Somers Limited · Published Jun 28, 2024
Reports that Waverton Investment Management Group received regulatory approval for its merger with London and Capital Group and that completion occurred on June 28, 2024.