Print this article

Fiduciary Business Completes Buyout, Splits From Appleby

Tom Burroughes

7 January 2016

Appleby Fiduciary Business has confirmed that the management buyout from the Appleby Group by private equity firm Bridgepoint has been completed, so AFB and the team is also busy working on a number of strategic initiatives that we look forward to communicating over the next few weeks, including the appointment of our new chairman. This is the beginning of an exciting journey for us as an independent fiduciary business,” said Ballands. 

Advisors involved in this transaction included PricewaterhouseCoopers, Macfarlanes and Kinetic (for Appleby); KPMG/ Wyvern Partners; Stikeman Elliott; Intuitus; Marsh and Travers Smith, for Bridgepoint, and Liberty Corporate Finance, PwC and Dickson Minto, for management.