Parmenion completes acquisition of ebi Portfolios Ltd for an undisclosed amount

BPE Solicitors’ Corporate team has acted for award winning technology and investment solutions business Parmenion on its recent acquisition of ebi Portfolios Ltd (“ebi”), supporting the business’s ambitious growth strategy.

The acquisition will see ebi continue to operate under the ebi brand and will bring significant growth opportunities for both organisations and will augment Parmenion’s existing portfolio of leading wealth managers.

On the BPE team advising Parmenion was Adam Kean (Partner), Angharad Doyle (Associate), Ben Adams (Solicitor) and Chelsea Silsby (Paralegal), who worked to achieve a complex transaction.

Commenting on the transaction, Mike Morrow, Parmenion’s Chief Commercial Officer, said “This is a very exciting time for our businesses as we make a major commitment to our future growth, which is why we selected lawyers with business acumen, strong expertise in our sector and an agile approach. Adam and his team exceeded this brief and ensured every detail was considered”.

Adam added “I am delighted to have advised Parmenion on this transaction and look forward to watching the partnership go from strength to strength”.

To discuss how BPE can support your business, contact Adam Kean or a member of the BPE Corporate team on 01242 224433.

These notes have been prepared for the purpose of articles only. They should not be regarded as a substitute for taking legal advice.