13 Jun 2019

Investec supports Lighthouse Group PLC on its acquisition by Intrinsic

Investec Corporate and Investment Banking (“Investec”) has acted as sole financial adviser to Lighthouse Group plc (“Lighthouse”) on its £46.2m acquisition by Intrinsic Financial Services Limited (“Intrinsic”), a wholly-owned indirect subsidiary of Quilter plc (“Quilter”).

Lighthouse is a group of approximately 400 financial advisers providing financial advice to retail and corporate customers across the UK.

 

Intrinsic, a wholly-owned subsidiary of Quilter, is a network of over 3,500 advisers, including independent financial advisers, mortgage and protection advisers and over 1,600 restricted financial planners. Intrinsic provides ongoing advice to approximately 200,000 customers and is one of the largest restricted advice networks in the UK.

 

Quilter is a leading provider of advice, investments and wealth management in the UK and internationally, managing over £110 billion of investments on behalf of over 900,000 customers.

 

The transaction was announced on 3 April 2019 and completed on 12 June 2019.

For more information, please contact:

Investec Corporate and Investment Banking
Elizabeth Edwards, Public Relations 

020 7597 3845

[email protected]


Lansons

Sarah Oppler, Lansons (PR agency for Investec CIB)

020 7566 9709

[email protected]

 

Investec Corporate and Investment Banking
Investec CIB is an international corporate and investment bank working with growth-orientated companies, institutions and private equity funds. Our people set us apart – empowered, straightforward and invested in our clients’ long-term success. We provide capital solutions, advice and ideas, along with bespoke investment solutions and access to capital markets. Founded in 1974, The Investec Group has grown successfully through its client focussed approach and its ability to serve diverse and evolving financial needs.

 

This press release is issued on behalf of Investec Bank plc. Registered address: 30 Gresham Street, London, EC2V 7QP. (Reg No. 489604).  Investec Corporate and Investment Banking is a brand name of Investec Bank plc, which is a member of the London Stock Exchange.

 

Investec Bank plc (Reg. no. 489604) is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.