Allfunds Group plc agreed to acquire a majority stake in Mainstreet Capital Partners Limited.
shareholding in the company. Banca Generali, a longstanding client of MainStreet and Allfunds, will own a 10% through a strategic partnership, providing a strong and complementary shareholding structure. The transaction, which has been funded through the Allfunds Group revolving credit facility, will be EPS accretive since year 2 and envisages a path to full control by Allfunds in the next 3 to 5 years.