Burges Salmon acts for Santander on MBO of @sipp
Burges Salmon has advised Santander on a deal to support the Management Buy-Out (MBO) of Scottish pensions firm @sipp.
Based in Glasgow, @sipp specialises in self-invested personal pensions, small self-administered schemes as well as commercial property. Supported by funding provided by Santander UK, the MBO supports @sipp’s future growth.
Advising Santander UK was a Burges Salmon team led by Edinburgh-based director Amy McVey, associate Stephanie Lynch and senior associate Scott Fyfe.
Ms McVey said: “It has been a pleasure working with Santander on the MBO of @sipp, ensuring one of Scotland’s longstanding pensions firms can continue to grow.”