Consolidator Perspective secures tenth acquisition

PIMS, based in Maidstone and founded in 1987, is operated by three directors and turns over £1m a year, with a recurring income of approximately £500k. The company, which specialises in investments and mortgages advice, will retain its brand while directors Glynn Downton, Neil Brenchley and Kevin Mullins will remain in place. Perspective, which earlier this year boosted its acquisition facility to £12.5m, says the deal will not be its last in 2009. "Consolidation should not simply be a numbers game where the focus is only on the number of advisers at a firm," managing director Dami...