Hoxton Wealth has acquired Haven IFA in Manchester, enhancing its assets by approximately £140 million and strengthening its presence in the UK's North West financial hub.
Target Information
Hoxton Wealth has recently announced its acquisition of Haven IFA, a financial advisory firm located in Manchester. This acquisition brings an estimated £140 million in assets under management to Hoxton, significantly enhancing its footprint in the UK financial services market. By establishing a key regional base in Manchester, known for its rapid growth as a financial hub, Hoxton aims to strengthen its services in the North West.
Industry Overview
The UK financial services industry is experiencing robust growth, particularly in regions like the North West. Manchester has emerged as a significant player in this sector, boasting a concentration of talent and innovative firms that are capitalizing on the evolving financial landscape. The city’s formidable ecosystem supports diverse financial services, from advisory and wealth management to fintech solutions.
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Additionally, the demand for financial planning and wealth management services continues to rise, driven by increasing financial literacy among consumers and a greater focus on long-
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Disclosed details
Transaction Size: $169M