Acquisition strategy pays off for Chase de Vere

Looking to buy more firms

Jenna Brown
clock • 2 min read

Operating profit at national IFA Chase de Vere increased to its best-ever figure of £23.5m in 2021, up from £313.5m in 2020, its latest annual results show.

The business also said it had increased company turnover from just over £76m to another best-ever figure of £102.4m. The company's performance, it said, had been driven by the success of the acquisitions it has made in recent years. These include Medical Money Management in 2017, Ferguson Oliver in 2019, Nestor Financial Group in 2020 and Principal & Prosper Limited and Cameron Chase in 2021. Chase de Vere chief executive Kathleen Gallagher (pictured) said the business wanted to make more acquisitions of like-minded businesses. "We are actively looking to make further acquisitions ...

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