Farrer & Co advises Canaccord Genuity Wealth Management on the acquisition of Brooks Macdonald Asset Management (International) Limited
News
Farrer & Co has advised Canaccord Genuity Wealth Management in the UK and Crown Dependencies (CGWM UK) on its acquisition of Brooks Macdonald Asset Management (International) Limited (BMI) from Brooks Macdonald Group plc.
Farrer & Co acted as legal advisor to CGWM UK in connection with the transaction, which represents a significant addition to CGWM UK’s international operations. As of 30 June 2024 BMI had funds under management of £2.3 billion and annual revenue of £19.9 million.
Further details on the transaction, which is expected to be completed by 31 March 2025, can be found here.
The Farrer & Co team was led by Simon Ward and Charlie Court (Corporate, alongside Anthony Turner (Corporate), Andy Peterkin (Financial Institutions), Georgia Slater (Corporate), David Morgan (Commercial) and Katjana Cleasby and James Bromley (Tax).
