BCLP advises Thesis Holdings on its acquisition of Evelyn Partners Fund Solutions

BCLP advised client Thesis Holdings Limited on its acquisition of Evelyn Partners Fund Solutions Limited from Evelyn Partners Group Limited.

Thesis operates a UK-based authorized corporate director business, managing 170 funds with over £40 billion of assets. Evelyn Partners Fund Solutions Limited is the fund solutions business of the Evelyn Partners group, and has assets under governance of £10.6bn (as of 31 December 2024).

The transaction, which is subject to customary regulatory conditions, is expected to complete in the first half of 2025.

Benjamin Lee, Partner and Global Practice Group Leader (Corporate Transactions), commented, "We are delighted to have assisted Thesis again on another transaction. The BCLP team worked tirelessly to get this done, and it once again demonstrates our significant strength and expertise in the financial institutions sector.”

The BCLP deal team was led by Global Practice Group Leader Benjamin Lee supported by George Avery (Senior Associate), Lara Rush (Senior Associate), Cecilie Sørvig (Associate), Yaniv Grunberg (Associate), John Adamson (Associate), and Charlotte Boateng-Kennett (Trainee), all from the Corporate Transactions team.

The acquisition financing was led by Partner Derek Hrydziuszko supported by Jonathan Stevens (Senior Associate), and Asad Khan (Trainee), all from the Finance Transactions team.

Key transaction support was provided by Partner Matthew Baker (Financial Services Disputes and Investigations); Partner Kyle O'Sullivan and Associate Allegra Benitah (Tax); Partner David Dennison (Tax, Employee Benefits and Private); Associate Director Jackie Thomas (Employment and Labor); Partner and EMEA Lead Geraldine Scali (Data Privacy and Security); Associate Director Kate Jeffery, Knowledge Counsel Anna Blest, and Associates Eleanor Powell and Andrea Rastelli (Technology, Commercial and Government Affairs); Global Practice Group Leader Andrew Hockley; and Senior Associate Paul Culliford (Antitrust, Competition and Trade).