Succession hits 30 acquisitions mark

Group aims for 50 firms by 2018

Tom Ellis
clock • 1 min read

Succession has acquired another four of its affiliated member firms with a combined £350m in funds under management, to bring its total number of acquisitions up to 30.

The acquisitions of DeMontfort Financial Advisers in Rugby, Langham Pensions & Investments in Suffolk, MacDoanlds & Co Wealth Management in West Scotland andCheltenham-based Independent Insurance Advisers, trading as Quintell, cost a total of £10.5m and are all subject to regulatory approval. The group has said it plans to acquire 50 firms from its membership by 2018. Succession Group chief executive Simon Chamberlain (pictured) said: "The group has completed the acquisition of 30 high-calibre independent advice businesses, investing almost £100m to build the UK's largest privately-ow...

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