PE-backed Solomon takes majority stake in Kent-based IFA

The deal sees Solomon take a minority stake in the firm which has seven advisers on its staff. It added the deal was the first in a number of planned minority partner investment transactions. The deal is the fourth Solomon has completed in the last six months and an "important building block in its ambition to build a leading national advice and wealth management business", it said.  Solomon vice chairman Simon Goldthorpe (pictured) said: "The investment in Beaufort Financial Westerham is another major milestone for Solomon and a significant step forward in terms of our regional prese...