The Management of Pell Rudman, a Boston, Massachusetts-based wealth management firm, retained Shields & Company to represent their interests in a process that would allow Pell Rudman's parent company, Old Mutual plc, to divest its ownership in Pell Rudman and provide management with a new strategic partner to meet the needs of the its clients, employees and shareholders. Pell Rudman was subsequently acquired by AMVESCAP plc, a London-based global wealth management firm.
Shields & Company acted as a financial advisor to the Management of Pell Rudman & Co., Inc. in the above transaction.
