Investments
6Portfolio Exits
4Partners & Customers
9About Close Brothers Group
Close Brothers Group is a specialist financial services and merchant banking group, providing lending, deposit taking, wealth management services, and securities trading. Divisions include Close Brothers Asset Management, Close Brothers Asset Finance, Close Brothers Invoice Finance, and more.
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Latest Close Brothers Group News
Jan 23, 2023
... 01/23/2023 | 05:55am EST Message : *Required fields Every day, find a selection of analysts' recommendations covering North America and the UK. The list only includes companies that have been the subject of a change of opinion or price target, or of a new coverage. It may be updated during the session. This information is used to shed light on the movements of certain stocks or the market sentiment on a company. Associated British Foods : Deutsche Bank upgrades from hold to buy targeting GBp 2180. Close Brothers : Investec upgrades to hold from sell. PT down 1.9% to 955 pence. KLA Corp : Barclays downgrades to underweight from equal-weight. PT down 21% to $325. Pendragon : Jefferies resumes its Buy rating, targeting GBp 25. PTC : KeyBanc Capital Markets upgrades to overweight from sector weight. PT up 19% to $155. Skyworks : Barclays upgrades to overweight from equal-weight. PT up 21% to $125. Vodafone : Jefferies remains "Hold" with a price target reduced from GBp 100 to GBp 85. Warner Music : Barclays downgrades to equal-weight from overweight. PT down 1.6% to $35. Western Digital : Exane BNP Paribas upgrades to neutral from underperform. PT up 9.2% to $42. © MarketScreener.com 2023
Close Brothers Group Investments
6 Investments
Close Brothers Group has made 6 investments. Their latest investment was in Alcedo Care as part of their Line of Credit on July 7, 2021.
Close Brothers Group Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
7/27/2021 | Line of Credit | Alcedo Care | $2.78M | Yes | 3 | |
5/19/2021 | Series B | |||||
3/5/2020 | Line of Credit | |||||
9/1/2001 | Seed | |||||
6/15/2001 | Growth Equity |
Date | 7/27/2021 | 5/19/2021 | 3/5/2020 | 9/1/2001 | 6/15/2001 |
|---|---|---|---|---|---|
Round | Line of Credit | Series B | Line of Credit | Seed | Growth Equity |
Company | Alcedo Care | ||||
Amount | $2.78M | ||||
New? | Yes | ||||
Co-Investors | |||||
Sources | 3 |
Close Brothers Group Portfolio Exits
4 Portfolio Exits
Close Brothers Group has 4 portfolio exits. Their latest portfolio exit was Close Brothers Retail Finance on September 14, 2018.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
9/14/2018 | Divestiture | Close Brothers Retail Finance | 3 | ||
Date | 9/14/2018 | |||
|---|---|---|---|---|
Exit | Divestiture | |||
Companies | Close Brothers Retail Finance | |||
Valuation | ||||
Acquirer | ||||
Sources | 3 |
Close Brothers Group Acquisitions
5 Acquisitions
Close Brothers Group acquired 5 companies. Their latest acquisition was Corporate Asset Solutions on March 05, 2020.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
3/5/2020 | Acquired | 1 | ||||
3/14/2011 | ||||||
2/28/2005 | ||||||
1/1/2000 | ||||||
9/30/1999 | Private Equity |
Date | 3/5/2020 | 3/14/2011 | 2/28/2005 | 1/1/2000 | 9/30/1999 |
|---|---|---|---|---|---|
Investment Stage | Private Equity | ||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired | ||||
Sources | 1 |
Close Brothers Group Partners & Customers
9 Partners and customers
Close Brothers Group has 9 strategic partners and customers. Close Brothers Group recently partnered with OpenText on March 3, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
3/28/2022 | Vendor | Canada | Close Brothers will implement OpenText , which enables organizations to share , collaborate , and analyze information for more informed decision-making while mitigating risk through improved governance , compliance , and security . | 2 | |
3/28/2022 | Vendor | ||||
2/18/2021 | Partner | ||||
8/27/2019 | Client | ||||
8/19/2019 | Partner |
Date | 3/28/2022 | 3/28/2022 | 2/18/2021 | 8/27/2019 | 8/19/2019 |
|---|---|---|---|---|---|
Type | Vendor | Vendor | Partner | Client | Partner |
Business Partner | |||||
Country | Canada | ||||
News Snippet | Close Brothers will implement OpenText , which enables organizations to share , collaborate , and analyze information for more informed decision-making while mitigating risk through improved governance , compliance , and security . | ||||
Sources | 2 |
Close Brothers Group Team
15 Team Members
Close Brothers Group has 15 team members, including current Chief Executive Officer, Rebecca McNeil.
Name | Work History | Title | Status |
|---|---|---|---|
Rebecca McNeil | Close Brothers Motor Finance, Barclays UK, Barclays Bank, GE Capital, and American Express | Chief Executive Officer | Current |
Name | Rebecca McNeil | ||||
|---|---|---|---|---|---|
Work History | Close Brothers Motor Finance, Barclays UK, Barclays Bank, GE Capital, and American Express | ||||
Title | Chief Executive Officer | ||||
Status | Current |
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