Thistle Initiatives assists Titan Wealth in the acquisition of advice firm Innes Reid
Titan Wealth has announced plans to acquire Innes Reid, a Chester-based financial advice firm, subject to FCA approval. The acquisition will add £590 million of assets under advice, taking Titan Wealth to £38 billion of assets under advice and management.
Thistle Initiatives’ Mergers and Acquisitions team were delighted to support Titan Wealth throughout the process, providing regulatory due diligence and drawing on our deep experience in the sector.
Innes Reid, founded in 1999, serves over 2,500 clients including high net-worth individuals, business owners and retirees. Its services span investment portfolio management, retirement and pension planning, inheritance tax and estate planning, and protection solutions.
Andrew Fearon, joint group CEO and head of M&A at Titan Wealth, said:
“This acquisition strengthens Titan Wealth’s regional presence in north-west England and enhances our ability to deliver locally based relationships and comprehensive financial planning solutions.”
Harry Cotton, Partner and Head of M&A at Thistle Initiatives, added:
“Congratulations to Titan on this strategic acquisition of Innes Reid. It was a pleasure to support the team throughout the process, and we look forward to continuing to support their growth journey.”
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 reach out to us at 0207 436 0630 or via email at info@thistleinitiatives.co.uk