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Nordic Capital to acquire Ascot Lloyd

European private equity investor Nordic Capital is to acquire Ascot Lloyd, a UK-based, independently-owned independent financial advice (IFA) firms.

The transaction will see Nordic Capital acquire Ascot Lloyd from funds managed by Oaktree Capital Management (Oaktree), alongside the interests of Ares Management Corporation (Ares), subject to regulatory approval.
Nordic Capital will partner with Ascot Lloyd’s management to support the Company’s client offering including through further developing its digital proposition, accelerating organic and inorganic growth and further increasing its focus on sustainable savings.
Oaktree has invested in the business since 2013 and acquired Ascot Lloyd in 2017.

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