Fintel has acquired Owen James Events to expand its range of services to "greater numbers of advice firms, wealth managers, and paraplanners".
Owen James Events is a platform for strategic engagement events across the financial services sector. The acquisition comes as Fintel records an adjusted EBITDA growth of 6% to £20.5m compared to £19.4m in the previous year, in a period of "continued investment in our core products and services". Fintel said it has a strong balance sheet with £12.7m of cash, and £69m of headroom in its £80m Revolving Credit Facility. It has a net cash position of £1.7m compared to £12.8m in the previous year, having invested significantly in four acquisitions. The firm's core revenue increased to £...
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