Wealth Management

New bidders circle Evelyn Partners as second round of bidding kicks off 

The wealth group’s professional services arm is being valued at around £500m

A much-watched deal is nearing the finish line, insiders tell FN
A much-watched deal is nearing the finish line, insiders tell FN Photo: Wiktor Szymanowicz/Getty Images

TA Associates, Bridgepoint and Goldman Sachs’s private equity arm are among a list of buyout giants vying for the professional services business of Evelyn Partners, Financial News can reveal, as bids for the unit enter a second round.

The buyout firms were among a cohort that expressed interest in the business during an opening round of offers last month, according to people familiar with the matter.

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