Consolidator Succession Group has snapped up four UK-based financial services firms for an undisclosed sum.
The acquired entities are Independent Advisors (Scotland), Glasgow’s Fergus Muirhead, London’s Booth Wealth Management and Warwickshire’s Rossmore Financial Services. The acquisitions add £255m of assets to Succession’s books.
Succession Group CEO James Stevenson said: “Succession kick-starts 2018 by continuing to deliver on its proven and highly successful acquisition programme. After a year of outstanding performance, during which we acquired a total of 14 businesses across the country, we are thrilled to welcome these high calibre firms, owners, advisers and staff on board.
“We now have 12 regional hubs and every one of these latest acquisitions will be key to strengthening our core business nationwide.”
The consolidator, which was on acquisition spree last year, most recently acquired Accountants Financial Services (AFS) Scotland and H&L Financial. The latest deals take the firm’s total number of acquisitions carried out between 2014 and 2017 to 47.