IFGL eyes more acquisitions after private equity backer switch
Another PE firm is set to become the biggest investor in RL360’s parent company
Another PE firm is set to become the biggest investor in RL360’s parent company
But retail investors will have to wait until after FCA consults on how to expand rules for wider market
In a bid to create a ‘true player’ across the region
After months of M&A discussions
After it rejected four offers from the investment group
With aim to improve individual investors’ access to private markets
As the business eyes demerger and listing
It has been traditionally available only to institutional players
Ex-Skandia CEO says backing will help his company buy around 20 businesses ‘in next three-to-five years’
Company has already identified ‘several acquisition targets’
It plans to enter DFM space and offer buy-out programme to appointed representatives
Funding will help the company grow through ‘both internal development and acquisitions’