Kirkland Advises Nucleus Clyde Acquisition Limited on Recommended Cash Acquisition of Curtis Banks Group PLC

Kirkland & Ellis advised Nucleus Clyde Acquisition Limited, a wholly owned subsidiary of Nucleus Financial Platforms Limited, on the financing of its recommended cash acquisition of the entire issued and to be issued share capital of Curtis Banks Group PLC.

The acquisition values the entire issued and to be issued share capital of Curtis Banks at approximately £242 million on a fully diluted basis. Subject to, amongst other things, the satisfaction (or, where applicable, waiver) of the conditions, it is expected to complete in the second quarter of 2023. 
 
Read the London Stock Exchange announcement
 
The Kirkland team was led by debt finance partner Sam Sherwood and associates Jerome Hoyle, James Lee and Ross Gray and financial services regulatory partner Phil McEachen.