๐๐ฝ๐ถ๐ฟ๐ถ๐ ๐๐ฐ๐พ๐๐ถ๐ฟ๐ฒ๐ ๐ช๐ถ๐ป๐๐ฒ๐ฟ๐ณ๐น๐ผ๐ผ๐ฑ ๐๐๐๐ถ๐ป๐ฒ๐๐ ๐ฆ๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ๐ ๐ถ๐ป ๐จ๐ ๐ช๐ฒ๐ฎ๐น๐๐ต ๐๐ป๐ณ๐ฟ๐ฎ๐๐๐ฟ๐๐ฐ๐๐๐ฟ๐ฒ ๐๐ฎ๐ฟ๐๐ฒ-๐ข๐๐
- 3 days ago
- 1 min read
UK private equity firm Epiris has acquired Winterflood Business Services (WBS) from Marex Group plc, establishing the trading and custody specialist as a standalone, technology-led financial infrastructure business. GP Bullhound acted as financial advisor to Epiris on the transaction, which completed on June 1, 2026. Terms were not disclosed.
Founded within Winterflood Securities in 2010, WBS provides execution, custody, and reporting to UK wealth and retail investment platforms through its proprietary EOS technology platform, with clients including Fidelity, Transact, and Vanguard. The business administers more than $23 billion in assets across institutional wealth managers, retail platforms, and brokerage firms. The deal was structured alongside Marex's purchase of Winterflood Securities from Close Brothers; Marex retains the Winterflood market-making, corporate broking activities, and brand, while WBS becomes a dedicated wealth infrastructure platform under Epiris Fund III.
The carve-out positions WBS to deepen its product offering and expand beyond its current UK client base, supported by structural tailwinds including the shift from mutual funds toward exchange-traded products and growing demand to outsource trading and custody. Alex Kerry will remain Chief Executive Officer alongside the existing management team. For advisors and platforms, the transaction signals continued investor appetite for the operational plumbing that underpins modern wealth management.
