Perella Weinberg Partners (NASDAQ:PWP) announced that it will acquire Gleacher Shacklock, a London‑based independent advisory firm founded in 2003. The definitive agreement was signed on April 13, 2026, and the transaction is expected to close in the second half of 2026, subject to regulatory approval and customary closing conditions.
Gleacher Shacklock brings a team of roughly 30 advisory professionals and a client base concentrated in the United Kingdom and Europe. The firm specializes in mergers and acquisitions, capital markets, and restructuring, and has built a reputation for independent, senior‑led advice across a range of complex transactions.
The acquisition is intended to deepen PWP’s presence in the UK, the largest advisory market in Europe, and to expand its cross‑border capabilities between North America and Europe. By combining Gleacher Shacklock’s regional expertise with PWP’s global industry platform, the two firms aim to offer a “special” advisory offering that delivers independent, senior‑led advice across M&A, capital markets, and restructuring.
PWP’s recent Q4 2025 earnings beat analyst expectations, with revenue of $219 million and earnings per share of $0.17, reflecting strong demand for advisory services and disciplined cost management. The firm’s balance sheet remains robust, with $256 million in cash and no debt. The acquisition aligns with PWP’s strategy of investing in talent and complementary businesses, such as the earlier purchase of Devon Park Advisors, to strengthen its global footprint and service capabilities.
Financial terms of the transaction have not been disclosed, and specific integration plans have not been announced. However, the deal is expected to combine the teams and client relationships of both firms, enhancing cross‑border advisory services and reinforcing PWP’s position in the European market.
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