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Tilney was a financial planning and investment firm in the UK. It acquired financial advisors, Smith & Williamson, in 2019 and the enlarged firm was rebranded as Evelyn Partners in 2022.

History

The firm was established as a firm of stockbrokers by Thomas Tilney in 1836.

Permira agreed to buy Tilney from Deutsche Bank, in February 2014, with the ambition of creating a wealth manager with £9 billion of assets. After completion of the deal in May 2014 Bestinvest and Tilney combined to create Tilney Bestinvest.

Tilney acquired Smith & Williamson with backing from Warburg Pincus in 2019. and the combined company was renamed Tilney Smith & Williamson in 2020.

In February 2022 the merged company Tilney Smith & Williamson, owned by private equity funds Permira and Warburg Pincus, was re-branded as Evelyn Partners.

References

1. "Tilney acquires Smith & Williamson for £625 million". citywire.com. Retrieved 2022-12-08.
2. Reichman, Carmen (14 June 2022). "Tilney Smith & Williamson becomes Evelyn Partners". FT Adviser.
3. "Tilney Bestinvest move to Liverpool 'may see redundancies'". FT Adviser. 6 November 2015. Retrieved 8 December 2022.
4. "Permira Funds to acquire Tilney". Permira.com.
5. Tilney to merge with Bestinvest
6. "Warburg explores full ownership of Tilney Smith & Williamson". Private banking International. 21 February 2022.
7. "Tilney and Smith & Williamson complete merger". Smith & Williamson.
8. "At Tilney Smith & Williamson we are changing our name". Evelyn Partners.
9. "Tilney Smith & Williamson to be listed or sold by PE owners". Financial Times. 4 February 2022.
10. "Tilney S&W to be sold or listed by PE owners". FT Adviser.

External links

• Company Web Site

• Financial services companies established in 1836
• Investment management companies of the United Kingdom
• Private equity portfolio companies
• Companies based in London
• 1836 establishments in England
• Permira companies
• Warburg Pincus companies