Travers Smith has acted for Panmure Gordon in its capacity as financial adviser, sole bookrunner and sponsor on the £66.17 million placing of new ordinary shares by Liontrust Asset Management plc to part fund the acquisition of Architas Multi-Manager Limited and Architas Advisory Services Limited. The acquisition is conditional on, inter alia, shareholder approval at a general meeting of Liontrust Asset Management.
The Travers Smith team was led by Corporate Partner Jon Reddington, assisted by Corporate Senior Associate Mark Anderson and Corporate Associate Graeme Scotchmer. US securities law advice was provided by US Partner Dan McNamee and US Senior Counsel Brent Sanders.
Liontrust Asset Management, a specialist independent fund management group, was advised by Simmons & Simmons.