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Sellers’ market ramps up bids for UK wealth management firms

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Wealth management is blowing up the M&A market. Competition is fierce, valuations are high, and the seller has never been stronger. In 2024, there were 67 transactions totalling £8.4bn ($11.4bn), and deals like the sale of Evelyn Partners’ professional services business to funds advised by private equity specialists Apax Partners…

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