Mattioli Woods buys Northern Ireland advice firm Doherty for £15m

Wealth manager to pay an initial consideration of £8.78m

Sahar Nazir
clock • 2 min read

Mattioli Woods has acquired Doherty Pension & Investment Consultancy in a £15m deal.

The deal - announced this morning (21 April) - stated that the Leicester firm bought 100% of the share capital of Doherty's on a debt-free basis. Mattioli Woods managing director Michael Wright stated that it is a "very rare and great opportunity" to bring one of the largest financial planning businesses in Northern Ireland into the Mattioli Woods Group. "It was clear from our initial discussions that Doherty's is a great fit culturally and strategically, including a focus on long-term client relationships, serving a similar client base to our existing business," he explained. "Thi...

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