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July 2, 2020

Liontrust to purchase Architas UK investment business in £75m deal

Specialist fund manager Liontrust has agreed to snap up the Architas UK investment business for a maximum consideration of £75m ($93.8m).

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Under the agreement, Liontrust will buy Architas Multi-Manager (AMML) and Architas Advisory Services (AASL) – from AXA.

The entity resulting from the consolidation of the two businesses will be a multi-asset multi-manager business.

The deal covers the Architas Multi-Asset (MA) Active, Blended and Passive Multi-Manager fund ranges, as well as the Specialist and Income funds, which will bring £5.6bn in assets under management and advice (AuMA).

These funds will adopt the Liontrust brand post deal completion, which is subject to regulatory and shareholder nod.

The combined group will have £6.6bn in AuMA. Liontrust’s AuMA will increase to £25bn upon deal closing that is anticipated before year-end.

Liontrust CEO John Ions calls the takeover a “strategic acquisition”.

“Buying the Architas UK investment business will expand our distribution among financial advisers through the scale of the combined businesses, the strength of the merged investment team, the broad range of multi-asset multi-manager portfolios and funds and enhanced client service,” Ions stated.

As part of the deal, Sheldon Macdonald-led Architas UK fund management team will integrate with the Liontrust Multi-Asset Investment Team.

Liontrust’s John Husselbee will be in charge of the combined Liontrust Multi-Asset team while Architas’ Sheldon Macdonald will serve as its deputy head.

Liontrust will also absorb Architas’ UK distribution team.

Launched in 1995, Liontrust had £19.4bn in AuMA as at 19 June 2020.

In 2019, Liontrust acquired Neptune Investment Management in a deal worth up to £40m.

Free Report
img

2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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