M&A

AI business is FE Fundinfo’s fourth purchase in 12 months

Follows Tenet&You buy last year

Takes minority stake in Murphy Wealth

Another five in the pipeline this year

Brings total to 47

More consolidation of consolidators predicted

Your regular IFA M&A round-up

Deals continue despite economic and regulatory headwinds

To funds advised by Apax

Acquires financial planning, employee benefits and DFM businesses