UK – Hill Dickinson Advises 7IM in Strategic Acquisition of Rockhold Asset Management
Hill Dickinson has provided legal counsel to Seven Investment Management (7IM) on its acquisition of Rockhold Asset Management. This strategic deal enhances 7IM’s investment offerings, broadening its market presence.
Pending regulatory approval, the acquisition will increase 7IM’s assets under management to approximately £27 billion.
Corporate partner Sean Lightfoot, legal director Harriet Adgie and associate James McCarthy advised 7IM on the legal due diligence and a number of wider transactional matters related to the deal, assisted by Hill Dickinson’s various specialist teams including Darren Hamer, Jon Pearson-Basudev and Natasha Bradley (Property), Richard Kay and Rubena Rahman (Employment) and Patrick Reade and Jodie Wootton (Commercial).
Commenting on the deal, Sean Lightfoot said: “We were pleased to provide legal advice and guidance to 7IM in connection with its acquisition of Rockhold Asset Management. It is a deal that will see both parties benefit from an enhanced investment services capability and a broader funds infrastructure, and we wish them every success moving forward.”
Rockhold will maintain its brand and leadership under 7IM, while gaining access to 7IM’s award-winning platform and top-tier market solutions.
