Towergate Financial acquires K B Rollitt & Co

The firm will become part of Towergate's Eastern region, headed up by regional managing director Paul Chafer. He will work alongside K B Rollitt managing director (MD) Kelvin Rollitt who becomes director of financial planning and will look to grow the business. The move comes on the back of a busy acquisition period for Towergate, which has seen the advisory business acquire 10 businesses over the last two years. In August 2009, it acquired Nottingham-based M2 Financial - a central plank of the firm's expansion plans in the Midlands - after announcing it had raised £100m to pursue re...