St. James’s Place plc to Acquire Policy Service

December 26, 2019

On December 11, 2019, St. James’s Place plc announced that it had entered into an agreement to acquire Policy Services Ltd.

Pursuant to the agreement, St. James’s Place plc (“St. James’s Place”) will acquire Policy Services Ltd (“PSL”). After the acquisition, PSL will maintain its status as an independent FCA-authorized trading entity and continue to operate under the same name. The deal is subject to regulatory approval. Terms of the deal were not disclosed.

St. James’s Place, based in the United Kingdom, is a wealth management firm offering services to individuals, companies and trustees. It has about £112.8 billion of client assets under management.

PSL is a family-owned Financial Advice Firm based in Linlithgow, Scotland.

To read the press release: Please Click Here.


Investment Manager M&A, Transactions