Towergate acquires M2 Financial

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Recently established advisory group Towergate Financial has acquired Nottingham-based M2 Financial, which will become its East Midlands regional business.

The financial terms of the deal have not been disclosed though Mark Howard will remain as M2's managing director. He said: "This is a very exciting new phase in our development. We have built our business on our commitment to offering a competitive and innovative proposition to clients and are confident that Towergate Financial is the ideal partner to support us with this next phase of development." Patrick Snowball, chairman of Towergate Financial said: "Our strategy is to build a well capitalised regional advisory business operating under the strong Towergate brand. This is our first ac...

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