Mayer Brown has advised UK private equity firm CBPE on its investment in Clifton Asset Management, a leading wealth management and pensions administration firm. The deal is subject to regulatory approval.
The investment continues CBPE’s strong track record in the wealth management sector and will see CBPE partnering with Clifton’s experienced management team to accelerate growth through a combination of organic development and strategic acquisitions.
CBPE is a leading UK private equity firm which pursues a disciplined and consistent investment strategy, targeting buy-outs and development capital investments in UK-headquartered businesses with enterprise values up to £150 million. Since 2000, CBPE has made over 60 such investments across five funds.
Clifton is a vertically integrated business developing and implementing innovative financial services, products and technologies. Across the group of companies Clifton has over 9,000 clients, 110 employees and greater than £1.8 billion assets under management.
Mayer Brown also advised CBPE on its investment in Perspective in December 2019 and the subsequent sale of the financial planning and wealth advisory business to US private equity firm Charlesbank in February 2024, generating a return of 5.4x invested capital.
The Mayer Brown team was led by Private Equity partners James West and Tarun Patel and counsel Jessica Kolhorn and included Corporate associates Sam Kahan and Georgia Stylianou, Finance partner Stuart Brinkworth, senior associate Bridget Polkinghorne and associate Oliver Jones, Regulatory partners Chris Chapman and Musonda Kapotwe and Tax partner James Hill and associate Tamar Ruiz.
