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Supporting Verso Wealth Management To Acquire Heritage

Our client, Verso Wealth Management (Verso) has acquired Heritage Independent Financial Advisers Limited (Heritage).

The Investments team at Thistle Initiatives was engaged by Verso to undertake compliance due diligence, for Verso to acquire the Midlands based IFA, Heritage. 

This acquisition extends Verso’s presence across the Midlands and advances its strategy to build a market leading, national wealth management group. 

The addition of Heritage to the Verso group adds scale to its network and creates a hub in the Midlands as Verso builds its national footprint.

Simon Redgrove, Verso’s Managing Director said, “I am delighted to welcome Heritage to the Verso family. It is an exciting time to join Verso as we continue to execute on our M&A and integration strategy to build a national tech-enabled wealth management group. With the support of our strategic partners, Cairngorm Capital and their buy, build and transformation expertise, our ambitious IFA consolidation plans are gathering pace, and we are excited to establish Verso’s presence in the Midlands via the acquisition of Heritage.”  

Thistle Initiatives has played a key role in all five of Verso’s acquisitions in 2022, building on our well established partnership, 2023 is already looking to be another busy year.   

James Dingwall, Founder and CEO at Thistle Initiatives said, “We would like to congratulate our client Verso on this most recent acquisition of Heritage. It has been a pleasure to work with the team at Verso and to provide them with acquisition due diligence support. The Thistle team is excited to see what is in store next for Verso and over the years to come”.

Find out more about our Acquisition Due Diligence services or to speak to a member of our expert team, please call 0207 436 0630 or email