FD is the retained adviser to both Advent and Bain. The agency was also the retained corporate and financial adviser to RBS itself until March last year, when Finsbury picked up the account.
Fergus Wheeler, MD, corporate (UK) is leading FD’s involvement.
Advent and Bain beat off competition from rival buyout firms Clayton Dubilier & Rice and TPG.
The deal is the biggest agreed buyout in the UK so far this year and the largest UK private equity deal since 2008.