Carey Olsen has advised on the sale of Evelyn Partners to NatWest Group for an enterprise value of £2.7 billion.Carey Olsen has advised on the sale of Evelyn Partners to NatWest Group for an enterprise value of £2.7 billion.
Evelyn Partners is a leading UK wealth manager with more than 180 years of heritage and approximately £69 billion of assets under management and administration.
The transaction, which is subject to regulatory approval, is expected to complete in summer 2026.
The Carey Olsen team, which acted for Evelyn Partners on the sale alongside Macfarlanes, was led by corporate partners Tom Carey, David Taylor and Matt Brehaut, supported by senior associates Steven Khan and Vaishali Gupta and associates Damilola Obafemi and Jennifer Mills. The transaction team also comprised various additional specialists across Jersey and Guernsey, including regulatory partner William Grace, counsel Oliver Lindop and associate Thomas de la Cour; employment partner Huw Thomas and counsel Tarina Le Boutillier; property partner Will Whitehead and senior associate Lyndsey Houlette; and pensions counsel Julie Currie.