Mattioli completes acquisition of Maven
Wealth management and SIPP firm Mattioli Woods has completed its £110m deal to acquire private equity firm and alternative asset manager Maven Capital Partners UK LLP. The acquisition was announced along with a deal to the parent company of Southport-based Financial Planner and wealth manager Ludlow Wealth Management in May. Mattioli says it expects its investment proposition and product range will be boosted by Maven, a private equity investor and alternative asset manager with 53 in its investment team. Maven offers investments in VCTs, private equity and property. It is an owner-led business with 12 partners and a regionally based team of 90 investment executives and support professionals. It has 10 offices around the UK in Scotland and England. Maven invested in Mattioli Woods when it originally floated on AIM. {loadposition hidden2} Ian Mattioli MBE, CEO of Mattioli Woods, said: We are delighted to complete the acquisition of Maven which marks a significant milestone in Mattioli Woods'' journey.
Mattioli completes acquisition of Maven
Wealth management and SIPP firm Mattioli Woods has completed its £110m deal to acquire private equity firm and alternative asset manager Maven Capital Partners UK LLP. The acquisition was announced along with a deal to the parent company of Southport-based Financial Planner and wealth manager Ludlow Wealth Management in May. Mattioli says it expects its investment proposition and product range will be boosted by Maven, a private equity investor and alternative asset manager with 53 in its investment team. Maven offers investments in VCTs, private equity and property. It is an owner-led business with 12 partners and a regionally based team of 90 investment executives and support professionals. It has 10 offices around the UK in Scotland and England. Maven invested in Mattioli Woods when it originally floated on AIM. {loadposition hidden2} Ian Mattioli MBE, CEO of Mattioli Woods, said: We are delighted to complete the acquisition of Maven which marks a significant milestone in Mattioli Woods'' journey.