Transaction · Wealthtech · 2024

PE Consortium / Hargreaves Lansdown 2024

PE Consortium acquired Hargreaves Lansdown for $6.8B on January 1, 2024.

Target
Hargreaves Lansdown
Acquirer
PE Consortium
Deal value
$6.8B
Announced
January 1, 2024
Sub-sector
Wealthtech

Transaction overview

  • PE Consortium announced the acquisition of Hargreaves Lansdown on January 1, 2024 for $6.8B.
  • The deal is expected to close pending customary conditions.

Strategic rationale

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

Deal terms & multiples

Deal value
$6.8B
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
January 1, 2024
Acquirer
PE Consortium (PE)
Sub-sector
Wealthtech

Frequently asked questions

How much did PE Consortium pay for Hargreaves Lansdown?

PE Consortium acquired Hargreaves Lansdown for $6.8B, announced on January 1, 2024.

When did PE Consortium announce the acquisition of Hargreaves Lansdown?

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

What sub-sector is Hargreaves Lansdown in?

Hargreaves Lansdown is tracked in the Wealthtech sub-sector.

Sources

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