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pemberton asset management buys bonhams from private equity firm epirus for undisclosed sum 1234757847

Pemberton Asset Management, a European private credit manager, has acquired the 232-year-old auction house Bonhams from private equity firm Epiris for an undisclosed sum. The acquisition prompted the departure of Bonhams's global CEO Chabi Nouri and chief commercial officer Céline Assimon, with a new leadership team installed including Seth Johnson as CEO, Liese Thomas as CFO, and Jennifer Babington as COO. Bonhams chairman Hans-Kristian Hoejsgaard remains in place, while Pemberton representatives Chris Ellerker and Mohit Agarwal join the board.

pemberton asset management buys bonhams from private equity firm epirus for undisclosed sum 1234757847

Pemberton Asset Management, a European private credit manager backed by Legal & General, has acquired the auction house Bonhams from private equity firm Epiris for an undisclosed sum. The acquisition led to the departure of Bonhams's global CEO Chabi Nouri and chief commercial officer Céline Assimon, with a new senior leadership team appointed including Seth Johnson as CEO, Liese Thomas as CFO, and Jennifer Babington as COO. Bonhams chairman Hans-Kristian Hoejsgaard will remain in his role, while Chris Ellerker and Mohit Agarwal from Pemberton join the board.