Why are South African advice firms so eager for M&A deals?
One industry commentator expects at least a couple of ‘significant’ deals
One industry commentator expects at least a couple of ‘significant’ deals
Company says it will ‘remain acquisitive’
Deal is in line with ‘the company’s strategy and stated intention to dispose of its insurance cluster’
As the two firms enter into a 10-year strategic partnership
After it rejected four offers from the investment group
Deal ‘presents opportunities to further develop our family office and private wealth services’
Offering is a ‘prudent planning tool’ for investors
Many of these advice firms ‘feel there has never been a better time to enter the market’
It expects ‘to make further acquisitions in the coming months’
Regulator-backed changes ‘will protect investment platforms and the people they serve’
Deal adds around £40m in assets under management
As firm says it has ‘access to capital to continue with its acquisition strategy’