Hargreaves Lansdown to be Acquired for £5.4 Billion by CVC Capital Partners and Partners
Overview of the Acquisition
Hargreaves Lansdown, a leading online investment business, has entered into a definitive agreement for a takeover worth £5.4 billion. The acquiring consortium consists of CVC Capital Partners, Nordic Capital, and Platinum Ivy, which is affiliated with the sovereign wealth fund of the Abu Dhabi Investment Authority.
Implications of the Deal
This acquisition is poised to enhance Hargreaves Lansdown's capabilities and market standing.
Key Players Involved
- CVC Capital Partners
- Nordic Capital
- Platinum Ivy (a subsidiary of ADIA)
Conclusion
This significant acquisition underscores the growing interest of private equity firms in the financial services sector, and it marks a transformative moment for Hargreaves Lansdown as it seeks to expand its market reach.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.