Alpha FMC is pleased to have provided operational carve-out and regulatory due diligence services to Virgin Money in the buy-out of abrdn’s stake in their investment and pensions joint venture.
Alpha FMC is an expert in providing commercial, operational and technology advice to clients as part of M&A transactions, and specialises in Asset Management, Wealth Management and Insurance.
The Alpha team was led by Rob Owen, Chris Martin and Tom Piotrowski.
Parikshit Kumar, Head of Strategy & Corporate Development at Virgin Money, had the following to say:
“Virgin Money taking full ownership of Virgin Money Investments is a positive step forward in our strategy to pursue profitable growth, enabling us to help more customers feel confident to invest for the future and drive significant growth in assets under management over time. There was a huge effort across the team to bring the deal to this stage, and the valuable support and input from all involved at Alpha FMC was a key element in achieving a positive outcome.”
Details of the transaction can be found here
