Harwood Wealth Management announces £1.8m triple acquisition

Completes third purchase

clock • 1 min read

Harwood Wealth Management has confirmed three of acquisitions for a combined £1.8m, two of which are expected to be completed in the last quarter of the calendar year.

Harwood said it had exchanged contracts to purchase Southend-based Goldwyns Wealth Management Limited, and the trade and assets of Portsmouth-based Andrew Routley Pension Limited. Goldwyns will cost Harwood £800,000 and is expected to complete in October, while the Routley deal is worth £600,000 and will complete in December. Consolidator Harwood WM has eight more acquisitions in its sights Harwood will pay 50% on completion of the deals, followed by two instalments of 25% on the first and second anniversaries, contingent on results. Harwood also said it had completed the acquis...

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