Liontrust to Acquire Architas UK from AXA

July 23, 2020

On July 1, 2020, Liontrust Asset Management PLC announced that it had entered into an agreement to acquire Architas Multi-Manager Limited and Architas Advisory Services Limited from AXA S.A.

Under the terms of the agreement, Liontrust Asset Management PLC (“Liontrust”) will acquire Architas Multi-Manager Limited and Architas Advisory Services Limited (collectively “Architas UK”) from AXA S.A for up to £75 million. The head of the Architas UK Fund Management team, Sheldon Macdonald, will join Liontrust as a deputy head, and Liontrust’s John Husselbee will assume the head role of the enlarged Liontrust team. The acquisition is expected to close before the end of year and is subject to regulatory and shareholder approval.

Liontrust, based in London, is specialist fund management group that offers services to private and professional investors and institutions. As of June 2020, Liontrust had £19.4 billion in assets under management.

Architas UK, comprised of Architas Multi-Manager Limited and Architas Advisory Services Limited, provides asset management, financial planning and advisory services to UK-based customers. Both entities are a subsidiary of Architas Limited, which is wholly-owned by Paris-based multinational insurer AXA S.A.

To read the press release: please click here.


Categories

Investment Manager M&A, Transactions