Mattioli Woods acquires HNW adviser in £8.7m deal

The deal will be satisfied partly in cash and partly through the issue of 462,572 new ordinary shares of 1p each in Mattioli Woods. TCF is the holding company of Kudos, an employee benefits and wealth management business based in Aberdeen. Kudos, which also has offices in Glasgow and London, has 45 staff providing financial planning advice to both high net worth individuals and companies. Ian Mattioli, CEO of Mattioli Woods, said: "The acquisition of Kudos is an excellent cultural and strategic fit with Mattioli Woods, offering real synergies for both organisations. "These syner...