Pinsent Masons advises Royal London on sale of Ascentric
04 Jun 2020 | 02:22 pm |
Pinsent Masons has advised Royal London on the sale of its platform business, Ascentric, to M&G plc.
Ascentric is a leading digital wrap and wealth management platform for advisers with assets under administration of £14 billion, around 1,500 adviser relationships and over 90,000 underlying customers. It has been part of Royal London since 2007.
The Pinsent Masons' team acting on the transaction was led by Hannah Brader (Corporate Partner), Emma Dawe (Corporate Senior Associate) and Helen Siviter (Corporate Solicitor) and included Angus McFadyen and Praveeta Thayalan (TMT), Tobin Ashby and Matt Saward (Wealth), Alice Bell (Financial Regulation), Jon Fisher (Employment) and Jamie Robson and Rachel McConnell (Tax).
Commenting on the deal Hannah Brader said:
"We are delighted to have worked with Royal London to successfully deliver this strategic disposal, conducted almost entirely during lockdown. This transaction reinforces our position as a leading firm in the wealth sector where we have advised on a number of the most significant recent transactions in the UK platform market, including advising Zurich on the sale of its UK Retail Wealth platform to Embark which completed in May.”
Key Contacts
Latest press releases
Show me all press releasesPinsent Masons forges strategic partnership with Legora
Multinational law firm Pinsent Masons has today announced its global firmwide strategic partnership with leading legal AI platform Legora following an extensive pilot programme across its corporate, commercial and property groups.
Pinsent Masons advises Q ENERGY on the design and drafting of a refurbishment contract for a pioneering and innovative wind farm project based on second-hand turbines in France
Pinsent Masons has advised Q ENERGY on the design and drafting of a refurbishment contract for an innovative wind project in France, relying exclusively on second-hand wind turbines. The project, scheduled for commissioning in 2028, represents a significant step forward in the integration of circular‑economy principles within the renewable energy sector.
Pinsent Masons expands global arbitration offering with strategic partner hire in London
Multinational law firm Pinsent Masons has strengthened its international arbitration practice with the appointment of Cem Kalelioglu as a partner in London, reinforcing the firm's growing presence in high-value investor-state and commercial disputes.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons advises on sale of VLocker to Venu+
Multinational law firm Pinsent Masons has advised on the sale of VLocker, a global leader in the design, manufacture, installation and management of electronic locker systems, to Venu+, a United States‑based portfolio company of private equity fund ZCG.
Pinsent Masons hires leading pensions partner Susie Daykin in London
Multinational law firm Pinsent Masons has appointed pensions partner Susie Daykin to join its London office.
Pinsent Masons MPillay advises Proparco on strategic Asia Pacific energy investment
Law firm Pinsent Masons MPIllay has advised French development finance institution Proparco (Société de Promotion et de Participation pour la Coopération Économique) on its investment in Singapore-headquartered energy-as-a-service (EaaS) infrastructure platform August Energy.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]