BCLP advises Ventiga Capital Partners, J. Leon and management shareholders on the sale of Thesis Holdings Limited

International law firm BCLP advised Ventiga, J. Leon and management shareholders on the sale of Thesis Holdings Limited (Tutman) to Pollen Street Capital. 

Thesis, via its principal operating subsidiary, Tutman, is a growing fund services platform, which provides fund administration, corporate service and transfer agency services to institutional investors, wealth managers and family offices. 

Since advising on the management buy-out of Thesis in 2017, BCLP have continued to act for Thesis, including in respect of the acquisitions of ConBrio Fund Partners in 2023 and Evelyn Partners’ fund services business in 2025. 

Most recently, BCLP have advised the Thesis shareholder group on the sale of the wider Thesis business, with a share purchase agreement signed with Pollen Street Capital in January 2026. Completion of the transaction required approval from the UK Financial Conduct Authority, which was received in April, and the parties have since then progressed the transaction to completion, which occurred on 29 May 2026. 

The BCLP transaction team comprised Benjamin Lee, Partner and Global Practice Group Leader, Corporate Transactions; Russell Van Praagh, Partner, Corporate Transactions; George Avery, Senior Associate, Corporate Transactions; Kayleigh Ansell, Associate, Corporate Transactions; Charlotte Boateng-Kennett, Associate, Corporate Transactions; Antonio Rodrigues, Trainee, Corporate Transactions; and Sara Vicari, Trainee, formerly Corporate Transactions.