Travers Smith has advised Brooks Macdonald Group plc on the sale of its wholly owned subsidiary, Brooks Macdonald Asset Management (International) Limited and its subsidiaries (BMI), to Canaccord Genuity Wealth (International) Holdings Limited for a total consideration of up to £50.85m.
The deal completed last week following necessary regulatory approvals.
The Travers Smith team on this transaction was led by Corporate Partner Jon Reddington, who was supported by Senior Counsel Joe Knox and Associate Ben Horbye.