Nordic Capital, a leading European private equity investor, has signed an agreement to acquire Ascot Lloyd, one of the UK’s largest and fastest growing independently-owned independent financial advice (IFA) firms. The transaction will see Nordic Capital acquire Ascot Lloyd (the “Company”) from funds managed by Oaktree Capital Management, L.P. (“Oaktree”), alongside the interests of Ares Management Corporation (“Ares”), subject to regulatory approval.
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Target – ASCOT LLOYD LIMITED
Buyer – Nordic Capital AB
Seller – Oaktree Capital Management LP
Seller – ARES MANAGEMENT LIMITED
