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PhillipCapital acquires full control of UK wealth manager Walker Crips for £5.6 million, delisting it from the London Stock Exchange.
PhillipCapital, a Singapore-based firm, has completed its acquisition of the remaining 71% of UK wealth manager Walker Crips for £5.6 million, delisting the company from the London Stock Exchange.
The deal, finalized on March 3, 2026, follows a 30-year relationship and gives PhillipCapital full control of the historic firm, which will remain based in London under its current brand.
The purchase, at 14 pence per share—an 87% premium—aims to stabilize operations, modernize infrastructure, and boost client services.
Co-CEOs Christian Dougal and Sean Lam will lead the firm, which plans to launch new investment products and expand through new offices and hires.
The move reflects a broader trend of private backing to support long-term growth in financial services.
PhillipCapital adquiere el control total del administrador de patrimonio del Reino Unido Walker Crips por £ 5.6 millones, retirándolo de la Bolsa de Londres.