Jamieson is pleased to announce that it has advised Martin Jennings (CEO) and the management team of Parmenion on its sale by Aberdeen Standard Investments to Preservation Capital Partners (PCP).

Founded in 2007, Parmenion is an award-winning provider of investment services and technology solutions for businesses. Headquartered in Bristol, the business serves over 1,500 advisor firms with its integrated discretionary investment management platform services powered by its proprietary technology.

“We are delighted that Preservation Capital has recognised the potential in our business and share our future vision. Their belief in us, our teams and what we deliver every day to advisers and their clients means there is total alignment of interests, and we are genuinely excited about our future.”

Martin Jennings, CEO

Ian Jamieson, Stephen Maxwell, Rowan Wright and Alison Dunning advised the Parmenion team on the terms of the new incentive plan.