Thistle Initiatives Advises Mowatt on Its Acquisition by One Four Nine Group
Thistle Initiatives’ M&A Services team is delighted to have supported Mowatt Financial Planning with regulatory due diligence prior to its acquisition by One Four Nine Group.
Our client, Mowatt, now rebranded as One Four Nine Wealth, a highly regarded independent financial planning business based in York, has been acquired by independent chartered financial planning and investment management firm One Four Nine Group.
This is the twelfth acquisition for One Four Nine, also a client of Thistle Initiatives, since its launch in 2021, and brings the Group’s total client assets to £2.2 billion, with a team of over 30 financial planners and more than 5,500 clients.
Will Mowatt, Founder of Mowatt Financial Planning, commented:
“We’re extremely grateful to the team at Thistle Initiatives for their assistance over an extended period, particularly in our dealings with the FCA where Dorian’s experience and expertise were invaluable. Dorian put us at ease from the outset and worked with us and our other advisers to complete the transaction managing our concerns along the way. We valued their pragmatic and helpful advice during times of uncertainty and concern.”
He also commented on the transaction with One Four Nine Group and the exciting times ahead for his business:
“Our business, established in 2009, has grown alongside our clients, allowing us to build strong, lasting relationships over the years. We met with many potential acquirers, but One Four Nine Group stood out as the closest match to our values, as well as our expectations for the high quality of personalised service our clients receive. Their professional, client-led approach, the integration process, and unified business structure have really shone through, reassuring us that we are becoming part of a collegiate and culturally aligned business, providing a secure home for our staff where clients are prioritised.”
Dorian Cameron, Senior Manager at Thistle Initiatives, commented:
“Congratulations to the teams at Mowatt and One Four Nine Group. We were proud to support Mowatt in achieving this sale and look forward to building on our relationship. Having worked with each organisation over the years, we’re excited to continue developing and strengthening these partnerships.”
About Thistle Initiatives
Thistle Initiatives specialises in acquisition due diligence and change-in-control services, guiding businesses through every phase of the acquisition process.
Our expert team ensures that all FCA regulatory and compliance requirements are meticulously addressed, allowing you to navigate transactions with confidence. For more information, or to discuss how we can assist with your acquisition needs, please contact us on 0207 436 0630 or via email at info@thistleinitiatives.co.uk.