Brooks Macdonald Moves to Main Market with Travers Smith's Expertise
Deal News | Mar 31, 2025 | Travers Smith
Travers Smith has played an instrumental role in advising Brooks Macdonald Group plc, a leading UK wealth management firm, on its transition from the Alternative Investment Market (AIM) to the Main Market of the London Stock Exchange. This move entails Brooks Macdonald being listed in the Equity Shares Category of the Official List of the Financial Conduct Authority (FCA). The advisory team was spearheaded by Travers Smith’s Corporate M&A and ECM Partner Jon Reddington, supported by a diverse team across various specializations including financial services, tax, employment, and more. Brooks Macdonald, known for its innovative portfolio services and commitment to long-term client financial goals, enhances its market visibility and investor accessibility through this strategic move. The company’s recent transactions also include an international subsidiary sale and a prospective acquisition of LIFT. Investec Bank plc participated as the sponsor for this market admission.
Sectors
- Wealth Management
- Legal Advisory
- Financial Services
Geography
- United Kingdom – Brooks Macdonald is based in the UK and serves clients through the UK market, specifically in the journey from AIM to the Main Market of London Stock Exchange.
Industry
- Wealth Management – Brooks Macdonald operates within the wealth management sector, providing specialized investment services and portfolio management solutions.
- Legal Advisory – Travers Smith provides legal advisory services, assisting Brooks Macdonald in regulatory and transaction-related matters.
- Financial Services – The transition involves various financial services and market regulations facilitated by entities such as the Financial Conduct Authority (FCA).
Financials
- Not specified – No specific financial figures were disclosed regarding the market transition or accompanying transactions.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Brooks Macdonald Group plc | Target Company | Company | A leading provider of wealth management services in the UK. |
| Travers Smith | Legal Advisor | Company | Advised Brooks Macdonald on its market transition. |
| Investec Bank plc | Sponsor | Company | Sponsored Brooks Macdonald's admission to the Main Market. |