16% surge in UK financial services M&A deals
160 were made in the first half of 2023
160 were made in the first half of 2023
Acquisition adds £1.5bn in assets under management
Following the appointment of Gabrielle Beaumont as CEO
Discussions about a deal ‘are at a very early stage’
After it bought 45% in January 2023
Backed by 84% of votes at a general meeting held on 7 July
Deal adds £323m in assets under management
After it did not conclude any deals in 2022
M&A consultant says smaller businesses ‘must navigate a more challenging environment amidst fluctuating valuations’
It is the firm’s third deal and has two more in the pipeline
Deal is a ‘true meeting of minds’
Acquirer now has over £2bn in AuM/A