Independent financial advice and fund management firm One Four Nine has completed its fourth acquisition with a deal for Glasgow-based APC Financial Solutions & Consultancy Services.
The move expands the group’s footprint into Scotland, increasing assets under management to approximately £650m across almost 2,000 clients - and bringing staff numbers to more than 50.
Led by an all-female team, APC Financial Solutions offers financial planning services across investment and protection insurance.
One Four Nine’s growth plans show no sign of slowing, after the leadership team secured an additional tranche of equity funding from investors, through Copper Street Capital, to facilitate plans for scaling up and building a nationwide footprint.
Managing director Gabrielle Beaumont commented: “I am personally delighted to welcome Angela, Lynne and their colleagues at APC to One Four Nine Group.
“As we moved through the acquisition process it became very clear that the team have built a highly impressive business and I am looking forward to exploring the ways we can collaborate to deliver an even better client experience.”
Chief executive Matthew Bugden added: “Impetus for our expansion has been building since launch given our strong relationships across the financial advice sector resulting in a healthy pipeline of inbound queries from advisers attracted by our unique offering.
“I anticipate the market hearing more from us in the coming weeks and months as we continue to deliver on our strategic plans.”
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