Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
Standish Management
Stock Market

THL’s investment business to acquire Standish Management

03.12.2023
2 min read

THL has agreed to acquire Standish Management

Investment firm THL has struck a deal to acquire Standish Management. The fund management business, including its debt, was worth USD 1.6bn.
The buyer got selected at an auction. Other investment firms wanted to acquire the company, but Standish Management approved THL’s offer. The seller of the management business is the investment firm Vitruvian Partners from London. It is it that owns the controlling stake. The company became an investor in Standish in 2020 and has been funding it regularly since then. According to several sources, the company’s management owns 45% of the shares and plans to keep its stake unchanged.

Scope of Standish Management’s business

Founded in 2006, Standish provides fund management services. From an investment perspective, this market niche is extremely attractive. In this case, the buyer receives a predictable amount of income and good opportunities to develop the business. Standish has over USD 450 billion in assets under management. The company provides fund management services across a range of specialisms. Specialists implement innovative solutions to improve operational efficiency and expand business opportunities. Standish works with financial services, technology, real estate and other industries.Standish Management company The company’s services include:
– support in the preparation of financial statements;
– audit and tax documentation;
– accounting services;
– management and capital raising;
– AML and KYC support.
The company’s staff consists of highly qualified financiers and accountants who provide comprehensive support to each client. The specialists have an individual approach, which enables them to provide a high level of service, regardless of the size of the business and the complexity of the task.

Information about the buyer

THL (Thomas H. Lee Partners) was founded in 1974. It specialises in investing in relatively small companies in financial technology, services, healthcare and other sectors. Throughout its history, THL has:
– raised more than USD 34 billion in equity capital;
– invested in 160 companies;
– completed nearly 500 acquisitions with a total value of USD 210 billion.
The company is one of the top 300 investment companies in terms of capital raised. In 1984, THL established its first fund. Its capital was USD 66 million. This is the company’s ninth fund. In addition to its core investment funds, the firm also manages specialist funds. The latest of these is the USD 900 million Automation Fund, launched in 2021.

Tags: Stock Market
0
Previous Post India's steel imports from China hurt local producers Next Post Bitcoin ETF becomes available in Europe: its advantages

You Might Also Like

SWIFT considers interaction with digital currencies
Stock Market
SWIFT plans to interact with digital currencies
22.06.2022
ASM Pacific Technology
Stock Market
ASM Pacific Technology Ltd wants to leave the stock exchange in Hong Kong
28.05.2021
Google Cloud
Stock Market
Google Cloud’s financial performance falls short of analyst expectations
27.03.2025
Pioneer
Stock Market
Japanese electronics manufacturer Pioneer is ready to return to the market
03.08.2022
FRS has lowered the stakes
Stock Market
FRS has lowered the bet: review of the new strategy from Jerry Powell
01.08.2020
record inequality in the U.S.
Stock Market
Record inequality in the U.S.: the reasons for the wealthy’s capital increase
10.07.2022

Popular Posts

  • Li Ka Shing: How can success be achieved without money and education?
  • Skolkovo analysts: the Russian energy market is suffering losses
  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Analysts: Egypt’s economy to continue falling in 2023

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Press Secretary
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Press Secretary
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Press Secretary
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Press Secretary
16.05.2020

Popular Posts

  • Li Ka Shing: How can success be achieved without money and education?
  • Skolkovo analysts: the Russian energy market is suffering losses
  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram

© 2024 CHASLAU KONIUKH. ALL RIGHTS RESERVED. Expert in marketing and project management, international investments, financial analyst.

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics