TRANSACTION SUMMARY

On 12 October 2015, the shareholder restructuring of Turcan Connell Asset Management was announced. The new business will now trade as Tcam and will be owned by a partnership of three main shareholder groups: (i) the two current executive directors Alex Montgomery and Haig Bathgate, who will spearhead the operation as Joint Chief Executives, (ii) a group of Turcan Connell Partners and former Partners, including current Chairman, Douglas Connell, and (iii) new external individual investors.

TURCAN CONNELL ASSET MANAGEMENT

Turcan Connell is a law firm founded in August 1997 with an embryonic wealth management function that grew strongly as part of the overall partnership. The wealth management business was incorporated as a separate company (Turcan Connell Asset Management) in April 2012. Turcan Connell Asset Management offers wealth management and financial planning services, and has approximately £1 billion of client assets under management and administration.

ROLE

Spencer House Partners advised Turcan Connell Asset Management.