Macfarlanes is advising Evelyn Partners, one of the UK's leading wealth managers, on its sale to NatWest Group plc for a £2.7bn enterprise value. The transaction, which is subject to customary regulatory approvals, is expected to complete in the summer of 2026.
The Macfarlanes team is led by M&A Partner Tom Rose, supported by M&A Senior Associate Steve Siopis, and Associates Helen Connolly, Cassandra Triandos and Will Davison.
The transaction involves a number of teams across the firm, including: Tax Partner Jeremy Moncrieff, Senior Associates Jack Slater and Beth Leggate, and Associate Alec Siegert; Reward Partner Rob Collard, Senior Counsel Mark Petch, and Associate Clio Pialorsi; Pensions Partner Faye Jarvis and Associate Scarlett Yu; Commercial Partner Rosie Duckworth, Senior Counsel Martha Campbell, Senior Associates Alishea Patel and Andrew Hill, and Associates Matthew Bennett and Katie Shingler; Real Estate Associate Russell Fancourt; and Employment Senior Associate Louise Pereira.
Evelyn Partners is a long-standing client of the firm.Other recent mandates have included the sale of Evelyn Partners' Professional Services business to funds advised by Apax Partners, the sale of Evelyn Partners' Fund Solutions business to Thesis, the acquisition of Haines Watts' northern city offices, and the merger between Tilney and Smith & Williamson including Warburg Pincus' co-investment alongside Permira.