{"id":59288,"date":"2026-09-10T19:09:30","date_gmt":"2026-09-10T17:09:30","guid":{"rendered":"https:\/\/editing.capitalmind.com\/?post_type=deals&#038;p=59288"},"modified":"2026-09-11T12:56:29","modified_gmt":"2026-09-11T10:56:29","slug":"minority-investment-by-northcote-equity-in-lockhart-capital-management","status":"publish","type":"deals","link":"https:\/\/www.investec.com\/advisory\/deals\/minority-investment-by-northcote-equity-in-lockhart-capital-management\/","title":{"rendered":"Minority investment by Northcote Equity in Lockhart Capital Management"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Investec has advised Northcote Equity on its minority investment in Lockhart Capital Management<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">About the deal<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Our UK Financial Services M&amp;A team is pleased to have acted as lead buy-side adviser to Northcote Equity (\u201cNorthcote\u201d) on its minority investment in Lockhart Capital Management (\u201cLockhart\u201d), a UK-based financial planning and wealth management firm.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The partnership will enable Lockhart to continue enhancing its technology and infrastructure, further strengthen its team, attract high-quality advisers and specialists, and selectively expand its presence in existing and new regions, while preserving the firm&#8217;s independent culture and employee-led ownership model.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">About Northcote Equity&nbsp;<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Northcote Equity specialises in technology and services investments in the UK and Ireland. Taking a high-conviction and flexible approach the firm invests between \u00a310-40m in Founder-led companies, supporting both minority and majority investments to help businesses scale.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">About Lockhart Capital Management&nbsp;<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Founded in 2017, Lockhart manages more than \u00a31 billion of client assets on behalf of more than 400 families. With offices in Cobham, Aberdeen, and Leeds, the firm provides highly personalised advice and investment management to a select group of high-net-worth individuals and families.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Our role<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The deal highlights Investec\u2019s deep understanding of the wealth management sector and our ability to provide private equity clients with insightful, tailored advice throughout complex transactions.<\/p>\n\n\n<section class=\"content--block quoteBlock \">\n    <div class=\"holder\">\n        <div class=\"stories slide-up d-flex\" data-scroll=\"\">\n            \n            <blockquote class=\"stories__desc\" style=\"flex: 0 0 100%;max-width: 100%;\">\n                <span class=\"stories__desc_quote\">\u201c\u201d<\/span>\n\n                                    <div class=\"justified\"><p>We\u2019re delighted to be partnering with Jon and the wider team to support the next stage of the firm&#8217;s development, while preserving the boutique culture and client-first approach that have underpinned its success. The Investec team combined sharp sector insight with genuine commercial pragmatism, helping us complete the investment smoothly. We\u2019re grateful for their support and look forward to working with them again.<\/p>\n<\/div>                \n\n                                    <cite>&#8211; Matthew Charman, Co-Founder at Northcote Equity<\/cite>\n                            <\/blockquote>\n        <\/div><!-- \/.stories -->\n    <\/div>\n<\/section>\n<!-- ============= End of \/.QuoteBlock =============== -->\n\n<section class=\"content--block quoteBlock \">\n    <div class=\"holder\">\n        <div class=\"stories slide-up d-flex\" data-scroll=\"\">\n            \n            <blockquote class=\"stories__desc\" style=\"flex: 0 0 100%;max-width: 100%;\">\n                <span class=\"stories__desc_quote\">\u201c\u201d<\/span>\n\n                                    <div class=\"justified\"><p>Lockhart is a high-quality, differentiated wealth management business with a strong client-first culture and an ambitious management team. Northcote\u2019s partnership-led approach makes it an excellent fit to support Lockhart\u2019s next phase of growth while preserving the independence and employee ownership that have underpinned its success. We are delighted to have advised Northcote on this investment and wish both teams every success in their partnership.<\/p>\n<\/div>                \n\n                                    <cite>&#8211; Sean Crookes, Head of UK Financial Services Advisory at Investec<\/cite>\n                            <\/blockquote>\n        <\/div><!-- \/.stories -->\n    <\/div>\n<\/section>\n<!-- ============= End of \/.QuoteBlock =============== -->\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investec has advised Northcote Equity on its minority investment in Lockhart Capital Management About the deal Our UK Financial Services&#8230;<\/p>\n","protected":false},"featured_media":0,"template":"","dt":[],"sector":[16933],"dealtype":[40],"clienttype":[38],"class_list":["post-59288","deals","type-deals","status-publish","hentry","sector-financial-services","dealtype-buy-side","clienttype-financial-investors"],"acf":[],"yoast_head":"<!-- This site is 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