St George’s Financial Services has become the first IFA to join Tatton and private equity-backed consolidator Absolute Financial Group (Absolute) through the latter’s ‘partnership programme’.
Hampshire-based St George's Financial Services and employees at the business will continue to work under its brand, with "support" from Absolute, the consolidator shared today (23 April). Under the Absolute partnership program, Absolute has made an initial investment in St George's Financial Services. It has further agreed a buyout plan that will see it buy the business' remaining share capital at a later date, providing a long-term exit plan. St George's Financial Services is expected to continue growing, while the investment will enable to pair to forge "an even stronger partnership...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
