Insights 16 August 2024

Deutsche Numis is acting as joint financial adviser and joint corporate broker to Hargreaves Lansdown PLC on its recommended final cash acquisition by Harp Bidco

ArticleBanner-1100x595-MarkScreen

Deutsche Numis is acting as joint financial adviser and joint corporate broker to Hargreaves Lansdown PLC on its recommended final cash acquisition by Harp Bidco, a newly formed company indirectly owned by CVC, Nordic Capital and Abu Dhabi Investment Authority.

Hargreaves Lansdown, the UK’s biggest retail stockbroker, is a long-standing corporate client of Deutsche Numis. We acted on the company’s 2007 IPO and have since supported the company in growing its assets under administration from £10bn to £155bn.

 

“We are proud to have supported Hargreaves Lansdown throughout its lifecycle, from IPO to growing its market cap to over £5bn, culminating with this transformative transaction.” Charles Farquhar, Chairman, Corporate Broking