Advised on Sale of Company

Financial Services

Great-West Life Co. (Irish Life Group)

Health & life insurance, asset management & investments Canada

Acquired Majority Control of Business Operations

Invesco

Pensions consultancy and wealth management services Ireland

Advised Invesco on its sale to Irish Life Group

Irish Life Group, a unit of Canada Life, agreed to acquire an undisclosed majority interest in Invesco, a Dublin-based investment advisor.Invesco shareholders’ were looking to de-risk part of their shareholding while maintaining a material stake in the business.

 

The transaction provided a private equity transaction structure to the shareholders, allowing them to remain equity shareholders of the business and participate in the future up-side of the business under trade ownership.

 

Irish Life Group is one of Ireland’s leading financial services organizations with over 1.3 million customers.

 

The outcome was very successful; shareholders de-risked at a competitive price, remained owners with a guaranteed future exit and also achieved a number of ancillary wins.

 

SEE DEAL BRIEF