At what enterprise value was SCHRODERS acquired in 2026?

During the acquisition of SCHRODERS by NUVEEN in 2026, the transaction's Enterprise Value is estimated to be in the range of 3b - 100b GBP.

What was the EV/EBITDA of SCHRODERS when it was acquired by NUVEEN?

The estimated EV/EBITDA multiple for SCHRODERS is in the range of 10x - 18x.

When was SCHRODERS acquired by NUVEEN?

SCHRODERS was acquired by NUVEEN in 2026.

What was the revenue of SCHRODERS at the time of the deal?

The revenue of SCHRODERS at the time of the deal is estimated to be in the range of 2.5b - 5b GBP.

What was the EBITDA of SCHRODERS during the acquisition?

SCHRODERS's EBITDA is estimated to be in the range of 450M - 900M GBP.

How is the data for the SCHRODERS acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the SCHRODERS deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.boursorama.com/bourse/actualites-amp/nuveen-boucle-le-rachat-de-schroders-4927274f5808e0ed99f194ebbe1426b0

What is the average EV/EBITDA multiple for the Financial Services sector in 2026?

The average EV/EBITDA multiple for the Financial Services sector in 2026 is 12.4x.

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Home Database Financial ServicesSCHRODERS

10/2026

NUVEEN takes majority stake in SCHRODERS

UNITED KINGDOM Wealth & Asset Management EV 3b - 100b GBP

Context

Nuveen completed its acquisition of Schroders on 1 October 2026, taking a 99.63% stake in the London-based asset and wealth manager. The combined group managed $2.6 trillion of assets for institutional and wealth clients across more than 40 markets. Thasunda Brown Duckett, chief executive of TIAA, said the deal strengthened the investment capabilities behind TIAA's retirement and annuity products. Schroders was to keep operating as a separate business within Nuveen for 12 to 18 months, led by its group chief executive Richard Oldfield, reporting to Nuveen chief executive William Huffman. Over time, Nuveen planned a single investment platform for public and private markets under chief investment officer Saira Malik, with Johanna Kyrklund in charge of public markets and solutions and Matt Oomen leading global client coverage. Investment teams in asset and wealth management were kept in place during the transition, and London was to become the combined firm's principal office outside the United States.

SCHRODERS, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Financial Services sector (12.4x).

-> Deep-dive in Financial Services market trends

Target

Founded in London in 1804, Schroders is an asset and wealth manager. The company operates two main business lines: asset management and private capital, and wealth management, the latter notably through Cazenove Capital. Schroders manages assets and wealth for institutional and wealth clients across the United Kingdom, continental Europe and the Middle East, Asia-Pacific and the Americas. Its shares are listed on the London Stock Exchange. The group employs staff across its international operations, with London serving as its historical headquarters and principal office.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (GBP)

Year

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2025

2024

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REFERENCES

Valuation range: EV 3b - 100b GBP

Revenue range: 2.5b - 5b GBP

EBITDA range: 450M - 900M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SCHRODERS by NUVEEN are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: schroders

Acquirer: nuveen