Adviser consolidator Succession has acquired Northamptonshire-based DNG Financial Solutions for £2.9m.
DNG Financial Solutions is Succession’s 14th member firm buyout en route to a target of 50 firms by end 2017.
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DNG, which joined Succession as a member in 2010, doubled its funds under management to £90m since then, according to DNG managing director Peter Dubber.
Succession group chief executive Simon Chamberlain said: "As part of Succession Group, the DNG team will continue to provide specialised financial planning and cashflow modelling services to meet increasing client demand for professional financial advice."
The firms acquired by Succession are paid half the promised amount in cash and half in equity.
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