At a glance
- W1M generates about £70 million ($93.7 million) in EBITDA, according to the report, which gives no price for the business or for the bids.
- The firm was created in 2024 through the combination of Waverton Investment Management Group and London and Capital Group; Lovell Minnick invested in 2023, according to its portfolio page.
- For advisors with client assets at W1M, the unresolved terms are the winning bidder and the debt package, since those will determine the business's fee and product agenda.
Bridgepoint, Bain Capital and Aquiline are among the private equity firms in the sale process for UK wealth manager W1M, which has moved to a second bidding round, Bloomberg reported on Oct. 22.
W1M generates about £70 million ($93.7 million) in EBITDA, according to the report, which gives no price for the business or for the bids. Rothschild is advising on the sale. The firm was created in 2024 through the combination of Waverton Investment Management Group and London and Capital Group; Lovell Minnick invested in 2023, according to its portfolio page.
For advisors with client assets at W1M, the unresolved terms are the winning bidder and the debt package, since those will determine the business's fee and product agenda. Ares, W1M's current lender, has offered staple financing, a debt package a buyer can adopt without replacing the incumbent lender. Several private credit firms are also considering financing the transaction, according to the report.
Reported by the Evergreen & Interval Funds desk from Private Banker International, citing Bloomberg. Published . Updated Oct 25, 2026 · 1:51 a.m. ET. Corrections