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Tilney Ltd.

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Tilney was a financial planning and investment firm in the UK. It acquired financial advisors, Smith & Williamson, in 2019[1] and the enlarged firm was rebranded as Evelyn Partners in 2022.[2]

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History

The firm was established as a firm of stockbrokers by Thomas Tilney in 1836.[3]

Permira agreed to buy Tilney from Deutsche Bank, in February 2014, with the ambition of creating a wealth manager with £9 billion of assets.[4] After completion of the deal in May 2014 Bestinvest and Tilney combined to create Tilney Bestinvest.[5]

Tilney acquired Smith & Williamson with backing from Warburg Pincus in 2019.[6] and the combined company was renamed Tilney Smith & Williamson in 2020.[7]

In February 2022 the merged company Tilney Smith & Williamson, owned by private equity funds Permira and Warburg Pincus, was re-branded as Evelyn Partners.[8][9][10]

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References

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