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Evelyn Partners announces sale of Professional Services business to funds advised by Apax - IFA Magazine

Summary by IFA Magazine
Evelyn Partners Group Limited (“the Group”) announces it has reached a binding agreement to sell its Professional Services business to funds advised by Apax Partners LLP (“Apax”). The transaction, which is subject to regulatory approval, is expected to complete in the first quarter of 2025. Upon completion, the Professional Services business will be rebranded S&W, building on the heritage of Smith & Williamson which was founded in 1881. The tran…
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