Redmill Advance buys financial adviser training provider
It is the company’s first acquisition of 2023
It is the company’s first acquisition of 2023
In a bid to ‘support and accelerate the growth of the business’
To serve clients that have a financial interest in both the UK and France
Buy and build strategies of many acquirers are ‘reaching a level of maturity’
Company wants to make further strategic acquisitions as part of its buy and build strategy
It will use the funding to onboard more clients and launch additional features
To create a combined business with £1.5bn in assets under management
Founder of the acquired firm will be retiring with immediate effect
Following the acquisition of two wealth management companies
Acquisition boosts assets under management to more than £1bn
There were four formal offers for the companies
Deal will expand the company’s offering across the south west of England