Evelyn Partners

Investor: NatWest Group

NatWest Group has acquired Evelyn Partners, a wealth manager, from funds advised by private equity firms Permira and Warburg Pincus, in a £2.7 billion deal. Summary of transaction details: Value: £2.7 billion Sector: Financial Services Advisor: Not disclosed Key Entities: NatWest Group, Evelyn Partners, Permira, Warburg Pincus Location: UK Note: The acquisition is a key part of NatWest's strategy to expand its private banking and wealth management business, creating the UK's leading private banking and wealth management business.