Novia bought by private equity firm AnaCap
Undisclosed fee
The deal is subject to regulatory approval.
Private equity investor AnaCap Financial Partners has made its third acquisition in the wealth management platform space by acquiring adviser platform Novia Financial.
The purchase, subject to regulatory approval, means AnaCap has now acquired nearly £11bn of assets under management (AUM) in the sector. In December last year, AnaCap bought Wealthtime and then in July...
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