Abrdn / Interactive Investors 2021
Abrdn acquired Interactive Investors for $2.0B on December 2, 2021.
- Target
- Interactive Investors
- Acquirer
- Abrdn
- Deal value
- $2.0B
- Announced
- December 2, 2021
- Sub-sector
- Wealthtech
Transaction overview
- Abrdn announced the acquisition of Interactive Investors on December 2, 2021 for $2.0B.
Strategic rationale
Abrdn gains direct access to Interactive Investors' 400,000-client base and UK savings/wealth market leadership; Interactive Investors gains research, advice, and wealth management capabilities.
Deal terms & multiples
Sources
- coinspeaker.com /abrdn-2-billion-interactive-investors/