Clearwater International advises Palatine on the MBO of SMP Partners

Clearwater International has provided buy-side debt advisory support to Palatine Private Equity, raising acquisition facilities for Palatine & Newco for the acquisition of SMP Partners (SMP).

SMP is an international provider of corporate, trust and professional services, employing over 200 people across seven global offices. The business was created in 2007 through a management buy-out from Fortis Intertrust.

The investment builds on Palatine’s expertise in the financial and professional services sector, with further acquisitions planned as part of the buy-and-build strategy.

Clearwater International’s Debt Advisory team has worked on a number of deals in the Financial Services sector recently, including advising Tikehau Capital on acquiring a stake in Filiassur, advising Nexus Underwriting Management on raising growth capital and advising on financing facilities for both Kingsbridge Risk Solutions and itm.