January 29, 2024 – UGGC Avocats has advised Action Patrimoine Conseil (APC), a wealth management consulting firm founded in 2003, on the merger of Patriam, a leading independent wealth manager, with Astoria Finance, a major player in wealth management in France.
Patriam comprises six wealth management firms, including Action Patrimoine Conseil, as well as a management company with over €1.5 billion in assets under management.
Legal advice :
APC was advised by UGGC Avocats on the M&A and reinvestment aspects of the transaction, with Ali Bougrine, partner, Laura Malach, senior associate and Victoria Durando, associate
Astoria Finance was advised by Edge Avocats. Patriam was advised by Addleshaw Goddard and Dulatier & Associés.
Patriam was advised on financial matters by the investment bank Largillière Finance.