Evelyn Partners Group will today complete the sale of its professional services business to funds advised by Apax Partners (Apax), it confirmed this morning (31 March).
The deal sees UK wealth manager Evelyn Partners and professional services firm S&W become two standalone businesses. Former Evelyn Partners chief professional services director Andrew Wilkes is set to assume the S&W CEO role, with former Evelyn Partners group CFO Andrew Baddeley becoming S&W CFO. Evelyn Partners posts near 12% earnings boost as AUM reaches record high Scott Kirk is set to continue as Evelyn Partners interim CFO. Both businesses "remain committed to pursuing a strong ongoing commercial relationship", Evelyn Partners confirmed in a press release shared this mornin...
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