Chartered financial planning firm Skerritts has completed two acquisitions with the purchase of Kent-based Geoffrey Craig Limited and Eastbourne-based Saffron Wealth Management, growing its assets under management by around £150m.
Last year, South Coast-based IFA and wealth manager, founded in 1990, made nine acquisitions. In March last year the firm secured a £55m war chest from Sovereign Capital Partners, a UK private equity ‘buy and build' specialist, to fund growth through acquisitions. "We are delighted to have completed these latest deals, adding great people to the team and helping us with our national growth strategy," said Richard Skerritt, CEO of Skerritts. "Geoffrey Craig really builds on our presence in the South East and we are currently in advanced talks with a number of firms throughout the UK as we...
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