October 22, 2016 6:42 PM ET

Capital Markets

Company Overview of Towry Holdings Limited

Company Overview

Towry Holdings Limited provides wealth advice and investment management services to private individuals, families, and trustees in the United Kingdom. It advises on personal finance, including pensions and retirement, reviewing investments, savings and life assurance, financial planning, inheritance tax planning, and investments. The company was formerly known as Towry Law Holdings Limited and changed its name to Towry Holdings Limited in May 2007. Towry Holdings Limited was founded in 1968 and is based in Bracknell, United Kingdom with additional offices in Aberdeen, Belfast, Birmingham, Bournemouth, Bristol, Cambridge, Cardiff, Chichester, Edinburgh, Exeter, Glasgow, Guildford, Haywards He...

Towry House

Western Road

Bracknell,  RG12 1TL

United Kingdom

Founded in 1968


44 1344 828 000


44 1344 828 001

Key Executives for Towry Holdings Limited

Chief Executive Officer
Chief Financial Officer and Director
Age: 48
Chief Operating Officer
Head of Private Client
Head of Employee Proposition
Compensation as of Fiscal Year 2016.

Towry Holdings Limited Key Developments

CVC Capital Closes To Buy Towry

CVC Capital Corporation is in the final stage of talks to buy Towry Holdings Limited. New Model Adviser understands CVC is the preferred bidder to buy Towry from Palamon Capital Partners, LP. Sources familiar with the situation said the deal valued Towry at more than £600 million. CVC was understood to be one of four final round of bidders for the company, alongside Hellman and Friedman and Bain Capital. Towry and CVC Capital declined to comment. Palamon was contacted for comment but did not reply.

Bestinvest May Acquire Towry

Bestinvest (Brokers) Limited may acquire Towry Holdings Limited for £700 million.

Investors Reportedly Eyes To Acquire Towry

Four firms are embroiled in a fight to acquire Towry Holdings Limited, Wealth Manager understands. Towry was put up for sale before Christmas by its owner Palamon Capital Partners, LP after plans to float the business were abandoned. Palamon hired Evercore to find a suitable buyer for the firm, which have been valued at £600 million. It is understood that after the first round of bids, four potential suitors have been selected as the process enters its second round. It is believed all four firms are from a private equity background. Private equity firms have been increasingly active in the wealth management space after the revolution in UK pensions created a big opportunity for the sector. One of the most active players has been Permira Advisers Ltd. Towry refused to comment on the speculation.

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Recent Private Companies Transactions

October 7, 2016
Towry Asset Management Limited, Certain Assets
April 4, 2016

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