Deals Of The Day: The Latest In Wealth Management M&A - Carlyle Group, Calastone

Editorial Staff

8 March 2021

. (The agreement to buy the stake was initially reported here.)

Carlyle Group bought the stake from Accell and Octopus Ventures, while Calastone’s management retains a minority stake. The transaction is subject to regulatory approval and financial terms were not disclosed. Barclays acted as advisors to Calastone on the transaction.