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NatWest to acquire Evelyn Partners for £2.7bn

PUBLIC · NWGFeb 09, 2026

Acquiring Company

NatWest Group

Acquired Company

Evelyn Partners

United KingdomFinancial ServicesFinanceFintechLendingBanking

Description

NatWest has announced a £2.7 billion acquisition of Evelyn Partners, marking its largest takeover since 2008. This move aims to create the UK's largest private banking and wealth management business with £127 billion in assets under management. Job losses may occur as NatWest targets annual synergies of about £100 million. The Evelyn name will initially be retained, benefiting around 150,000 families.

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Company Information

Company

NatWest Group

Location

United Kingdom

About

NatWest Group is a banking group with a focus on wealth management. It includes high net-worth bank Coutts and has been involved in a de-banking crisis resulting in the resignation of two of its bosses.

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Frequently asked

Who acquired Evelyn Partners?

Evelyn Partners was acquired by NatWest Group, based in United Kingdom. The deal was reported on February 9, 2026. NatWest Group is a banking group with a focus on wealth management. It includes high net-worth bank Coutts and has been involved in a de-banking crisis resulting in the resignation of two of its bosses. NatWest Group is publicly traded (NWG) and operates in Financial Services.

When did NatWest Group acquire Evelyn Partners?

NatWest Group's acquisition of Evelyn Partners was reported on February 9, 2026. NatWest has announced a £2.7 billion acquisition of Evelyn Partners, marking its largest takeover since 2008. This move aims to create the UK's largest private banking and wealth management business with £127 billion in assets under management. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Evelyn Partners do?

We've been experts in wealth, accountancy and business advisory services since 1836. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.