Patron Capital and Electra Partners purchase Grainger Retirement Solutions for GBP325 million
Patron Capital and Electra Partners have agreed the GBP325 million acquisition of Grainger Retirement Solutions, the home reversion equity release business of Grainger plc. Completion of the transaction, in which each of Patron and Electra will invest GBP45 million, is subject to regulatory approvals. Board representation will be equal between