News - Midlands
Brum law firms on a roll with Swiss deal
The Birmingham office of law firm Mills & Reeve has advised Helvetia Wealth AG on the acquisition of two financial services businesses. Helvetia Wealth, a leading asset management business based in Switzerland and Liechtenstein, has bought Glasgow-based City Gate Money Managers and a majority stake in London-based TAM Asset Management, which provides investment products and services to financial intermediaries and investors, for an undisclosed sum. Julian Smith, corporate finance partner at Mills & Reeve in Birmingham, and corporate associate Ben Turner led the team involved in both transactions. Other advisers from Mills & Reeve included Ian Benson, head of financial regulation and risk, Matthew Short (tax), Helen Elliot (employment) and Rob Butler (pensions).