| Morning all, Craig McGlashan here with the Europe Wire from the London newsroom. We’re focusing on wealth management to open, where we’ve got another deal involving a Sovereign Capital Partners portfolio company. We also look at why private equity is so interested in the sector. Next up we’ve got a big deal in the UK, where Sixth Street and Patron Capital are buying housebuilder Cala Group from Legal & General. We analyze why the UK housebuilding sector could be an interesting place to be right now. We then have a brief look at Brookfield completing its take-private of payments company Network International, before we finish with a call-out for meetings at HPE Europe 2024. Sharing the wealth Private equity’s push into wealth management shows no signs of abating. Sovereign Capital Partners portfolio company Skerritts has just acquired Ellis Bates Financial Advisers, a company based in Harrogate in the UK. Read the premium version of the Wire for details on the combined AUM and why private equity is so interested in wealth management. Home run Sixth Street Partners and Patron Capital this morning agreed to buy Cala Group, a UK housebuilder, from Legal & General. Find out details including the enterprise value and why the UK housebuilding industry could be an attractive play for private equity in the premium version of the Wire. Done deal Brookfield has completed its £2.2 billion take-private of Dubai-headquartered payments company Network International. The business is now delisted from the London Stock Exchange. Check out our coverage from when the deal was agreed. Say hello Finally, PE Hub reporters Nina Lindholm, Irien Joseph and Sophie Rose will be at McDermott Will & Emery’s HPE Europe 2024 conference tomorrow in London, alongside healthcare and life sciences private equity professionals. If you’re attending and would like to meet, you can reach them on: Nina.l@pei.group Irien.j@pei.group Sophie.rose@pei.group OK that’s all from me today. Rafael Canton will bring you the US Wire later today while I’ll be on Europe duty again tomorrow in the London morning. Cheers, Craig Read the full Wire commentary on PE Hub ... | 