M&A Deal Summary

Rathbones Acquires Saunderson House

On June 23, 2021, Rathbones acquired business services company Saunderson House from Epiris for 150M GBP

Acquisition Highlights
  • This is Rathbones’ 1st transaction in the Business Services sector.
  • This is Rathbones’ largest (disclosed) transaction.
  • This is Rathbones’ 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2021-06-23
Target Saunderson House
Sector Business Services
Buyer(s) Rathbones
Sellers(s) Epiris
Deal Type Add-on Acquisition
Deal Value 150M GBP

Target

Saunderson House

London, United Kingdom
Saunderson House is an independent wealth management firm, providing comprehensive financial planning and investment management service to high-net-worth individuals, charities, and trusts. Saunderson House was founded in 1968 and is based in London, United Kingdom.

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Buyer(S) 1

Buyer

Rathbones

London, United Kingdom

Category Company
Founded 1742
Sector Financial Services
Employees3,545
Revenue 896M GBP (2024)
DESCRIPTION

Rathbones is a provider of high-quality, personalized investment and wealth management services for private clients, charities, and trustees. Rathbones was founded in 1742 and is based in London, England.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United Kingdom M&A 2 of 2
Year: 2021 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-01 Jupiter Asset Management

London, United Kingdom

Buy -

Seller(S) 1

SELLER

Epiris

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1976
PE ASSETS 1.5B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

Electra Partners is a UK-based private equity firm focused on buyouts, co-investments, secondary fund purchases, and debt investing. The Firm's direct investing group looks to make majority or minority investments of £50 to £250 million in deals valued up to £500 million. Electra was formed in 1976 and is based in London.


DEAL STATS #
Overall 50 of 51
Sector: Business Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 17 of 17
Country: United Kingdom M&A 40 of 41
Year: 2021 M&A 1 of 1
Size (of disclosed) 6 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-21 Sharps

Bilston, United Kingdom

Sharps is a supplier of fitted bedroom furniture specialist dedicated to turning customers’ dreams into reality with its stylish bedroom and home office ranges, whilst also maximizing every centimetre of storage space. The bespoke fitted furniture ranges can be fitted directly into the available space that is ideal for awkwardly-shaped rooms and period homes providing a streamlined and stylish interior. Sharps was founded in 1973 and is based in Bilston, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-31 Stuart Turner

Henley-on-Thames, United Kingdom

Stuart Turner supplies water-boosting products that manage water pressure in residential and commercial applications. These range from domestic shower pumps, where the company’s Monsoon product is the UK market leader, to bespoke systems that combine cold-water boosting, pressurisation units and circulators to manage the supply of hot and cold water in commercial buildings and for industrial purposes. Stuart Turner was founded in 1906 and is based in Henley-on-Thames, United Kingdom.

Buy -