Henry Taylor
Posted on 9 Aug 2017

Michelmores advises Succession Group on acquisitions of four firms

The Michelmores Corporate team has advised Succession Group on its latest round of acquisitions, for a total consideration of £20.6m.

Succession Group has acquired four businesses from its affiliated membership: Prosperitas Independent Financial Advisers, Sigma Asset Management, Norris and Fisher Independent Financial Services and Tim Burton, with combined funds under management of £520m.

Henry Taylor, Michelmores Partner, said:

"Once again it has been a pleasure working with the Succession team as they continue to implement their impressive growth strategy." 

Paul Morrish, Succession’s Corporate Director, commented:

"We are delighted that four high-calibre independent advice businesses have chosen to join Succession Group. We are a proven and trusted acquirer, with a track record of successfully transitioning IFA firms, optimising capital value and helping them become sale-ready."