On March 8, 2024, Mattioli Woods announced its acquisition by Pollen Street.
Mattioli Woods Plc (“Mattioli Woods”) announced that it agreed to Pollen Street Capital Limited’s (“Pollen Street”) offer to acquire the firm for £432 million. The offer was made by Tiger Bidco Limited (“Bidco”), a wholly owned subsidiary of vehicles advised and managed by Pollen Street. Further deal terms were not disclosed.
Pollen Street, based in London, is a private capital asset manager for pension funds, insurance companies, sovereign wealth funds, endowments and foundations, asset managers, banks, and family offices. Pollen Street has £4.2 billion in assets under management.
Mattioli Woods, based in the United Kingdom, is a provider of wealth management and employee benefits. Mattioli has £15 billion in assets under management.
To read the press release: please click here.