Gordons advises financial advisers Robertson Baxter on its acquisition by Benchmark Capital

Gordons has advised financial advisers Robertson Baxter on its acquisition by financial planning business Benchmark Capital (Benchmark) part of the global asset management company Schroders.

The acquisition forms part of Benchmark’s growth strategy and adds £200m of client assets under advice to the company.

Robertson Baxter was founded in 2007 by Greg Robertson and Stephen Baxter.

Prior to the acquisition, Robertson Baxter has benefitted from using Benchmark’s proprietary technology, platform and investment solutions since 2017.

A team from Gordons, led by corporate partner Amy Pierechod and solicitor Lisa Murphy, advised the majority shareholders of Robertson Baxter on the sale.

Robertson Baxter chief executive Greg Robertson said, “Having worked with Benchmark for several years we knew they were the right partner to support our business growth and secure a long-term home for our staff and our clients, as well as a smooth exit strategy for me and Stephen.

“We’re pleased to join their network and leverage their broader practice management support, allowing us to serve more clients more efficiently than ever before.

“I’d like to thank Amy and the team at Gordons, who not only provided practical, straight-talking advice, but whose shared values also helped progress the deal.”

Over the next two years, Robertson Baxter will integrate fully into Benchmark and move under its regulatory authorisation.

Amy Pierechod commented: “Robertson Baxter has been a client for many years and has undergone an impressive growth journey.

“It is great to have played a part in securing its future with Benchmark, which will be a strong asset to its ongoing growth while continuing the excellent service it provides to its clients.”

For further information on the Gordons corporate and M&A team, click here.