M&G PLC’s Acquisition Of Ascentric


Slaughter and May advised M&G PLC on the deal.

M&G acquired Ascentric from Royal London Group for an undisclosed sum.

The acquisition will bring £14 billion of assets under administration to M&G, as well as relationships with more than 1,500 advisory firms acting on behalf of over 90,000 individual customers.

The deal is subject to regulatory approval.

Ascentric is a digital wrap and wealth management platform for UK independent financial advisers.

Slaughter and May has been working closely with the M&G team, Riaan De Bruuyn (Head of Corporate Strategy & Development), Jennifer Owens (Deputy General Counsel) and Anna Ispas (Senior Lawyer). The team included Roland Turnill (Picture), Partner, Francesca Parker, Associate, Oliver Koo, Associate, Harry Bacon, Partner, Jan Putnis, Partner, David Shone, Associate, Mike Lane, Partner, Jamshed Bilimoria, Associate, Cathy Connolly, Partner, Matthew Harman, Associate, Padraig Cronin, Partner, Daniel Schaffer, Partner,

Dave Rintoul, Associate and Chris Sharpe, Associate.

Involved fees earner: Harry Bacon – Slaughter and May; Jamshed Bilimoria – Slaughter and May; Cathy Connolly – Slaughter and May; Padraig Cronin – Slaughter and May; Matthew Harman – Slaughter and May; Oliver Koo – Slaughter and May; Mike Lane – Slaughter and May; Francesca Parker – Slaughter and May; Jan Putnis – Slaughter and May; Dave Rintoul – Slaughter and May; Daniel Schaffer – Slaughter and May; Chris Sharpe – Slaughter and May; David Shone – Slaughter and May; Roland Turnill – Slaughter and May;

Law Firms: Slaughter and May;

Clients: M&G plc;