India, April 13 -- Perella Weinberg Partners (PWP), an independent advisory firm, on Monday announced that it has entered into a definitive agreement to acquire Gleacher Shacklock LLP, a UK-based independent advisory firm, for an undisclosed amount.

The transaction is expected to close in the second half of 2026.

The acquisition is expected to significantly expand Perella Weinberg's presence in the United Kingdom and strengthen its capabilities in cross-border transactions between the UK, Europe and North America.

Gleacher Shacklock, founded in 2003 and headquartered in London, advises corporates, sovereign wealth funds and institutions, with a strong presence in the UK advisory market.

In the pre-market trading, PWP is 1.57% high at $2...