• In October 2016, Asgard Partners advised the shareholders on the sale of London & Colonial Holdings Limited to STM Group plc, a cross-border financial services provider listed on the London Stock Exchange
• London & Colonial’s highly-regarded UK SIPP business and Gibraltar-based life and annuity company provide a proven platform for STM to establish a UK pensions capability whilst increasing the scale and breadth of STM’s existing Gibraltar life and overseas pensions business
• STM will bring to bear its extensive distribution network and access to capital. Merging the businesses will create substantial cost synergies
• Asgard Partners identified the purchaser, creating significant value and delivering a win/win for all parties including shareholders and staff

“I have worked with Asgard Partners over several years, working on a deal that was both financially complex and involved competing personal interests. They have guided us through difficult waters, with sound commercial and practical counsel, and helped us achieve our objectives with gentle patience and tenacity, and in particular with a profound knowledge of the financial services sector. It has been a privilege to work with them.”
Robin Ellison, Chairman, London & Colonial

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