Transaction · Wealthtech · 2024

PE Consortium / Hargreaves Lansdown 2024

PE Consortium acquired Hargreaves Lansdown on January 1, 2024.

Target
Hargreaves Lansdown
Acquirer
PE Consortium
Announced
January 1, 2024
Sub-sector
Wealthtech

Transaction overview

  • PE Consortium announced the acquisition of Hargreaves Lansdown on January 1, 2024.

Strategic rationale

Private equity acquisition of UK investment platform at significant premium to unlock value and take company private.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
January 1, 2024
Acquirer
PE Consortium (PE)
Sub-sector
Wealthtech

Sources

  • cityam.com /london-stock-exchange-take-private-bonanza-tops-50bn/