Wealth Management

Evelyn Partners bidding war kicks off as private equity giants circle

Deadline for first round bids set for 23 October as one of the UK’s largest wealth managers looks to hive off its professional services business

Evelyn Partners bidding war kicks off as private equity giants circle
Photo: Getty Images

A raft of private equity giants have joined the line-up for Evelyn Partners’ professional services business as the deadline for the first round of bids inches closer.

Evelyn Partners, one of the UK’s largest wealth managers as well as an audit and tax adviser, was formed after the merger of Tilney and Smith & Williamson in 2020, rebranding two years later.

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