Fenchurch has developed an extensive track record of working on many international and cross border assignments.
Fenchurch has developed an extensive track record of working on many international and cross border assignments.
Our diverse team and simple operating model allows us to offer clients a seamless cross-border advisory service. We have been successful in sourcing, structuring and executing sell-side and buy-side transactions across multiple jurisdictions.
Our broad relationships with the international financial services community means that we can offer our clients a truly global perspective on the issues they face.
Our international client base includes leading financial institutions based in the UK, Continental Europe, the United States, Canada, South Africa, Asia and Australia.
“Our sector expertise and connectivity means that our clients benefit from our strategic insights as well as our deep understanding of a rapidly changing regulatory environment. M&A in financial services needs to be highly sensitive to the complex regulatory and capital impact of transactions, which means that our clients need our expert support in debt and equity capital instruments and markets.”
Chris Deville Senior Managing Director
“Our client proposition has at its heart senior bankers deeply involved in leading M&A transactions, working with discretion and enthusiasm. This is facilitated by our pure and simple business model where every client is special. The Fenchurch business is not managed by ratios and productivity per head. Our internal criterion for measuring success is the satisfaction level of our clients and their public and private endorsement of Fenchurch.”
Duncan Buck Vice Chairman
“Our expertise and capabilities are proven and relevant in the UK and internationally. We have initiated and executed numerous cross border transactions which are a testament to our global sector perspectives and diverse team.”
Vincent Bounie Senior Managing Director
“We offer clients a powerful cocktail of discreet, trusted relationship based advice combined with first class corporate finance execution. This has enabled us to secure repeat business from some of the largest and most sophisticated financial institutions who are heavily solicited by our much larger and better known competitors.”
Graham Marchant Senior Managing Director
£140 million
Advised L&G on the sale of Cofunds to Aegon.
Aug 2016 United Kingdom
Undisclosed
Advising Nordic Capital on the acquisition of Ascot Lloyd.
Apr 2022 London
Undisclosed
Advising Epiris and Nucleus on the sale of a majority stake in Nucleus to HPS.
Mar 2022 United Kingdom
£1.7 billion
Advised Hastings Group plc on the recommended cash offer from a consortium of Sampo and RMI.
Aug 2020 United Kingdom
€3.7 billion
Advised Groupe BPCE on its public tender offer to the minority shareholders of Natixis.
Feb 2021 France
£95 million
Advised Fluent Money Group on the sale of a 75% stake in the Group to Mortgage Advice Bureau.
Mar 2022 United Kingdom
£1.49 billion
Advised J.C. Flowers on the sale of interactive investor to abrdn.
Dec 2021 United Kingdom
$1 billion
Advised IG Group on its acquisition of tastytrade, Inc.
Jan 2021 United Kingdom
Undisclosed
Advised AÉSIO mutuelle on the sale of its minority stake in Mutex to Groupe VYV.
Jul 2021 France
£185 million
Advised the Co-operative Group on the sale of its insurance underwriting business to Markerstudy and agreement of a 13-year distribution agreement for home and motor insurance.
Jan 2019 United Kingdom
£248 million
Advising Sun Life Financial on the sale of Sun Life UK and long-term strategic partnership with Phoenix Group.
Aug 2022 UK
£242 million
Advised Legal & General on the sale of its general insurance business to Allianz.
May 2019
£12 billion
Advised Standard Life plc on its recommended all-share merger with Aberdeen Asset Management plc.
May 2017 United Kingdom
Undisclosed
Advised R&Q on the successful defence against shareholder Phoenix Asset Management Partners’ attempt to requisition management changes.
Sep 2022 London
£3.25 billion
Advised Swiss Re on the sale of ReAssure to Phoenix Group.
Dec 2019 United Kingdom
Undisclosed
Advised BGL Group on the sale of its insurance distribution business, BGLi to the Markerstudy Group.
Jan 2022 London
Undisclosed
Advising CNP Assurances on the sale of its Spanish life insurance subsidiary, CNP Partners, to Mediterráneo Vida.
Mar 2022 Paris
£3.24 billion
Advised Standard Life Aberdeen on the sale of its insurance business and long-term strategic partnership with Phoenix Group.
Feb 2018 United Kingdom
£271 million
Advised Premier Asset Management on its recommended all-share merger with Miton Group.
Sep 2019 United Kingdom
£1.9 billion
Advised Investec on the demerger of its Asset Management business (rebranding to Ninety One).
Nov 2019 United Kingdom & South Africa
£375 million
Advised Sun Life Financial on the acquisition of a majority stake in InfraRed Capital Partners.
Dec 2019 United Kingdom
£390 million
Advised Embark Group on its sale to Lloyds Banking Group plc.
Jul 2021 United Kingdom
£2.5 billion
Advised The Ardonagh Group on its group refinancing including a combination of both private and public instruments.
Jun 2020 United Kingdom
£370 million
Advised Jupiter Fund Management on the acquisition of Merian Global Investors.
Feb 2020 United Kingdom
Undisclosed
Advising Cinven on its acquisition of International Financial Group Limited.
Feb 2022 London
£410 million
Advised Hermes Investment Management on the sale of a 60% stake to Federated Investors.
Apr 2018 United Kingdom
c.£170 million
Advised Canaccord Genuity Wealth Management UK on the acquisition of Punter Southall Wealth.
Dec 2021 United Kingdom
c.€660 million
Advising AXA on the sale of a closed life and pensions portfolio in Germany to Athora.
Jul 2022 Germany
Undisclosed
Advised Groupe BPCE on the acquisition of a 50.1% stake in Oney Bank and entering into a long term strategic partnership.
Feb 2019 France
£578 million
Advised LV= on the sale of its remaining 51% stake in LV= General Insurance to Allianz.
May 2019
Fenchurch is pleased to have advised Legal & General on the sale of Cofunds to Aegon for £140m. Cofunds is the largest investment platform in the UK with £77bn AUA. The sale includes the Investor Portfolio Service which provides platform services to a number of building societies including Nationwide.
L&G concluded that Cofunds requires a significant upgrade in technology to exploit its leadership position in the UK platform market and this was best achieved under Aegon's ownership as a specialist wealth platform provider.
For Aegon UK this transaction completes its strategic transformation from traditional life insurance to platform business and follows L&G’s acquisition of a £2.9bn back book annuity portfolio from Aegon in May 2016.
Mark Gregory, Legal & General Group Chief Finance Officer commented: “We were impressed by Fenchurch’s commitment to this engagement. Their deep sector relationships, intimate knowledge of the UK platform sector and first class M&A execution skills were important factors in successfully delivering this transaction.”
