Punter Southall to buy Opus Consulting

The transaction is expected to be completed by December, subject to regulatory approval, and will see Punter Southall Financial Management - a national IFA and employee benefits consultancy - buying 100% of the share capital of Opus Holdings, the holding company of Opus Consulting. Although the price of the acquisition is unknown, Opus - one of the oldest financial advisory firms in the country and employing around 60 staff nationwide -, is forecasting a turnover this year of more than £5m. Meanwhile Punter Southall Financial Management says the proposed acquisition follows a period o...