Mattioli Woods is set to be acquired by Tiger Bidco, a wholly owned subsidiary of private equity firm Pollen Street Capital.
The private equity firm will buy approximately £432 million for Mattioli Woods, representing a premium of 34 percent.
Pollen Street believes Mattioli Woods will benefit from moving to private ownership to capitalise on the “significant opportunity” in the UK wealth market.
The aim is to offer Mattioli Woods and its management tea...