Thistle Initiatives assists Saltus in the acquisition of Tavistock
Saltus Partnership Holdings (“Saltus”) have announced the acquisition of Tavistock Partners Limited and Tavistock Partners (UK) Limited (“Tavistock”). Saltus engaged Thistle Initiatives' Mergers and Acquisitions team to assist with the regulatory due diligence on the Tavistock subsidiaries.
The deal is conditional upon shareholder approval and receipt of FCA regulatory approval.
Alex Paschalis, Investments Director at Thistle Initiatives, commented: “We congratulate the team at Saltus on the acquisition of the Tavistock businesses. It was a pleasure to work with the Saltus team and we look forward to doing so on further transactions”.
Jon Macintosh, Managing Partner at Saltus, commented: “Thank you to the Mergers and Acquisitions team at Thistle for their regulatory due diligence support in getting this deal across the line. We are delighted to welcome Tavistock on board, having been impressed by the record of growth the business has achieved and the quality of care provided to their clients.”
Thistle Initiatives offers Acquisition Due Diligence and Change in Control services. For enquiries, please contact us at 0207 436 0630 or via email at info@thistleinitiatives.co.uk.