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80Twenty team

Foster Denovo acquires £500m AUM/A Midland adviser firm

Details
29 October 2024
  • foster denovo
  • Roger Brosch
  • mergers
  • Leistershire
  • 80Twenty

 

Financial Planning-focused national adviser Foster Denovo has acquired East Midlands financial adviser firm 80Twenty.

Read more …

PSGS website announcement on the deal

Failed SIPP firm sold to 2 competitors

Details
28 October 2024
  • London & Colonial
  • mergers
  • Evelyn Partners
  • PSG SIPP Ltd
  • PSGS
  • Alltrust Services Limited
  • Unity SIPP

Most of failed Sipp firm PSG SIPP Ltd (PSGS), has been sold to Alltrust Services Limited with one part, Unity SIPP, sold to London & Colonial.

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Boosst staff welcoming the move to employee ownership

Financial Planner Boosst moves to employee ownership

Details
28 October 2024
  • boosst
  • Keith Butten
  • josh butten
  • mergers

 

Milton Keynes-based Financial Planning firm Boosst is transitioning to an Employee Ownership Trust (EOT), the so-called John Lewis model.

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L to R: Robin Newbould, MD (Operations), Ravenscroft / Mark Bousfield, MD (Investments), Ravenscroft

Titan Wealth buys £7.9bn AUM Channel Islands firm

Details
24 October 2024
  • Jersey
  • Ravenscroft
  • mergers
  • Titan Wealth
  • Channelslands

Titan Wealth has signed a deal to acquire £7.9bn AUM Channel Islands wealth manager Ravenscroft Investments Limited.

Read more …

Gustaf Rentzhog of Söderberg & Partners

Söderberg & Partners takes stakes in 4 adviser firms

Details
21 October 2024
  • investment
  • mergers
  • Söderberg & Partners
  • Sweden

Rapidly expanding Swedish-owned wealth manager and Financial Planner Söderberg & Partners has invested in four IFA firms as it continues it strategy of taking stakes in UK adviser firms.

Read more …

Perspective CEO Ian Wilkinson

Perspective makes 4 acquisitions

Details
16 October 2024
  • Perspective Financial Group
  • Ian Wilkinson
  • mergers

Fast growing Financial Planning group Perspective has completed four new acquisitions, pushing its total number of takeovers to 15 this year and adding £350m in assets under advice.

Read more …

CBAM website

Close Bros sells wealth management arm for £200m

Details
19 September 2024
  • Close Brothers Asset Management
  • CBAM
  • mergers

Close Brothers Group has sold its Close Brothers Asset Management (CBAM) wealth management arm to private equity firm Oaktree Capital Management for £200m.

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Kate Brown, director for Milne Craig’s Financial Planning practice, with Mark Parkinson, CEO of Azets Wealth Management

Azets snaps up Scottish Financial Planner

Details
30 August 2024
  • Scotland
  • mergers
  • Azets
  • Milne Craig

 

International wealth manager, Financial Planner and professional services firm Azets has acquired Scottish Financial Planner and chartered accountancy firm Milne Craig in a major deal for the financial services sector north of the border.

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Hargreaves Lansdown HQ in Bristol

Hargreaves Lansdown accepts £5.4bn takeover bid

Details
09 August 2024
  • Hargreaves Lansdown
  • Offer
  • mergers
  • bid

After several delays, platform provider Hargreaves Lansdown (HL) has today accepted a £5.4bn consortium offer for the company.

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L-R: David Fort (Haines Watts), Rick Chana (Evelyn Partners),  Donna Bulmer (Haines Watts), Antony Sassen (Haines Watts), Tom Shave (Evelyn Partners), James Sutton (Haines Watts), Fiona Cresswell (Haines Watts) and Jonathan Scott (Haines Watts)

Evelyn to acquire 3 Northern offices from Haines Watts

Details
01 August 2024
  • mergers
  • Evelyn Partners
  • Haines Watts

Wealth manager and professional services provider Evelyn Partners is to acquire three offices and 150 staff from Northern accountancy firm Haines Watts.

Read more …

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