Martin Gilbert's AssetCo acquires 30% stake in Bristol fund manager for £27.8 million
AssetCo, chaired by Martin Gilbert, has reached an agreement with Preservation Capital Partners to acquire a 30% equity interest in Parmenion Capital Partners for £27.8m. A payment of £20.6m due on completion of the deal once it has been approved by the Financial Conduct Authority (FCA) with up to £3.6m…
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