October 4, 2018 | Announcements

GCA Advises HQ Trust on Liqid’s Series C Financing Round

Liqid, one of the largest and fastest-growing digital wealth managers in Europe, announced a €33 million ($39 million) Series C financing round led by Toscafund Asset Management LLP, a multi-asset alternative investment management firm with over $4 billion of assets under management. GCA acted as financial advisor to Liqid’s shareholder HQ Trust.

Established in 2016, Liqid is a robo-advisor that provides affluent private investors access to digital professional wealth management and advisory services. The company provides an alternative to traditional private banks, offering discretionary wealth management and access to investment opportunities in partnership with HQ Trust.

Through this transaction, Toscafund will become a significant shareholder in Liqid. Liqid will use the capital it raised to grow its business through international expansion and additional marketing efforts and improve its operational structures.

The transaction is subject to regulatory approval and further details of the transaction have not been disclosed.

This transaction is our latest in the FinTech space, as we recently advised Bexio on its sale to Mobiliar, Principal on its acquisition of RobustWealth and Risk International on its sale to BV Investment Partners.

About GCA

GCA is a global investment bank that provides strategic M&A and capital markets advisory services to growth companies and market leaders. The firm offers worldwide coverage with over 400 professionals in 18 offices across America, Asia and Europe. Built by the people that run the business, GCA is a firm of experts who focus on deals that require commitment, original perspective, skill and exceptional networks. Learn more at www.gcaglobal.com.

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