Amber River Up for Sale: Penta Capital Seeks £800m Valuation
- Chapters Capital
- Jun 20
- 2 min read
20th June 2025
According to reports from Reuters, Amber River, an advice consolidator, is being offered for sale by its private equity backer, Penta Capital, with an asking price of £800m. Investment bank Rothschild has been appointed to advise on the transaction, which could be finalised before the end of 2025.
Founded in 2019 by former Openwork CEO Mary-Anne McIntyre, Amber River has experienced rapid growth through acquisitions, currently managing £12.1bn in AUA and operating with a team of 318 advisers. In 2024 alone, the firm completed nine acquisitions and established a national presence, offering financial planning, mortgage advice, and discretionary investment management services.
In 2024, Amber River reported a loss before tax of £11.2m, coinciding with the completion of a £275m debt refinancing deal with Carlyle. The company also expanded into investment management by acquiring TAM Asset Management. Sources familiar with the situation suggest that Penta may retain a minority stake after the transaction, though details are still being discussed. Neither Penta nor Amber River has publicly commented on the sale.
This potential exit underscores the current demand for established consolidator platforms that have scale, infrastructure, and vertical integration, even amidst challenges related to profitability during periods of rapid growth. It also indicates an imminent reshuffle in the consolidator landscape, with a high-profile asset now up for sale.
The outcome of this transaction could set new valuation benchmarks within the industry and will be closely monitored by firms contemplating their own strategic options, whether that involves external investment, a partial sale, or a complete exit.
At Chapters Capital, we specialise in financial planning and wealth management M&A and understand the importance of strategic acquisitions for growth. Whether you are considering a sale, merger, or expansion or want to learn more about buyers in the space, including Amber River, please contact one of our professional associates today for a confidential, no-obligation consultation.
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