Shackleton
Liberty advises the management team of Shackleton on its acquisition by Lee Equity Partners
Liberty Corporate Finance is delighted to announce they have advised the management team of Shackleton – the UK Independent Financial Advisory and wealth management business – on its acquisition by Lee Equity Partners, a US-based private equity firm focused on growth capital investment, from Sovereign Capital Partners.
Headquartered in London, the business today consists of more than 400 professionals, including 100 advisers. Shackleton – formerly Skerritts – completed 18 acquisitions, significantly expanding the business from its South East roots into a truly national group, with the December 2024 rebrand to Shackleton marking its evolution into a unified platform.
With a strong track record of investing in and supporting leading wealth management businesses, Lee Equity Partners views Shackleton as uniquely positioned to capitalise on the significant growth opportunities within the UK market.
Liberty helped us create and negotiate our management incentive plan. Throughout the process, the Liberty team were highly knowledgeable and acutely aware of the deal dynamics. They successfully navigated the potential conflict between buyer, seller, and management, maintaining a practical and professional approach throughout. I could not recommend them more highly
Andrew Fisher
Non-Executive Chair of Shackleton
We are delighted to have supported Paul, Andrew, and the entire Shackleton management team through this important milestone. It has been a pleasure providing guidance during this pivotal stage, and we look forward to watching the team build on their strong foundation and expand their reach in the years ahead.
Michael McDonagh
Partner
+44 (0) 7715 705 000
[email protected]