Progeny, which offers asset management, financial planning and legal services, has acquired Buckinghamshire-based Quest Financial Solutions and Sussex-based Juno Wealth Management.

Financial terms of the deals were not revealed.

As part of the takeovers, employees and management team of the acquired entities will move to Progeny.

Commenting on the transaction, Quest managing director John Francis said: “Something we are excited to add to our proposition is a full suite of legal services which we believe to be crucial when continuing to provide our clients with the holistic solutions they deserve.”

Juno principal adviser and director Tracey Evans said: “Our existing service delivers lifetime financial planning and advice at the highest level of professionalism.

“Progeny has a similar long-term approach of looking to the future, identifying the trends in the way our clients are living and thereby helping them safeguard their wealth.”

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With the latest deals, Progeny completes three acquisitions in the span of a week.

Last week, Progeny acquired Edinburgh-based Innovate Financial Services. The transaction marked Progeny’s foray into Scotland.

The new deals are said to double Progeny’s workforce in the UK to 125.

In July last year, Progeny snapped up Evolve Financial Planning, boosting its assets under administration to more than £1bn.