Bromleys joins the MAPD Group and gears up for growth

Bromleys joins the MAPD Group and gears up for growth Ashton-under-Lyne practice Bromleys has joined the MAPD Group – the business powering the growth of local law firms. The MAPD name stands for Making A Positive Difference and reflects its sense of purpose, which is to create an environment for its people, clients and communities … Continued

Citation Group makes a key acquisition in the food sector

Citation Group makes a key acquisition in the food sector The Citation Group – the Wilmslow-based support services provider – has strengthened its food hygiene and health and safety consultancy services with the acquisition of SureFoot Solutions. Dow Schofield Watts’ transaction services team advised The Citation Group on the deal, which is its third key … Continued

PE-backed Fletchers Group acquires medical negligence specialist

PE-backed Fletchers Group acquires medical negligence specialist Fletchers Group – the North West-based law firm backed by Sun Capital – has acquired Minton Morrill, a Leeds-based firm specialising in complex medical negligence claims and Court of Protection work. Dow Schofield Watts’ transaction services team advised Fletchers on the deal, which will enable Fletchers to leverage … Continued

Cushon raises £26m

Cushon raises £26m Cushon, a fintech pension and savings provider, has closed an overall funding round of £26m to finance rapid expansion and product development plans. Leading the £6m equity raise is fintech venture capitalist, Augmentum Fintech. A further £20m in credit facility has been committed by AshGrove Capital, a leading independent pan-European specialty lending … Continued

Cushon acquires Workers Pension Trust

Cushon acquires Workers Pension Trust Cushon, a workplace savings fintech, has acquired the scheme funder of the Workers Pension Trust (WPT). Sophie Colloby of Dow Schofield Watts Transaction Service’s team in Leeds provided financial due diligence to Cushon on the deal. Construction First Limited – the scheme funder of the WPT is the leading auto-enrolment … Continued

ITM acquires Profund

ITM acquires Profund Independent Transition Management Limited (ITM), the leading provider of data management and technology services to the pensions and financial services markets, will acquire the products and assets of Profund Solutions Limited, part of Mercer, a business of Marsh McLennan. Founded in 2003, ITM specialises in pension-focused technology-led data management solutions, administration software … Continued

DSW advises on buy-out at MoneyPlus Group

DSW advises on buy-out at MoneyPlus Group MoneyPlus Group, one of the UK’s largest providers of consumer debt advice, has undergone a management buy-out backed by Intriva Capital. DSW Transaction Services provided vendor due diligence for MoneyPlus on the deal, which was led by the company’s longstanding Chief Executive, Chris Davis. Intriva will also provide … Continued

Bollington Wilson Insurers buy Prophet Trade Credit Ltd.

Bollington Wilson Insurers buy Prophet Trade Credit Ltd. Brokerage firm Bollington Wilson Insurers has completed a deal to buy Harrogate-based broker Prophet Trade Credit Ltd. as part of a bigger expansion plan for 2020. Dow Schofield Watts’ Corporate Finance and Transaction Support teams assisted Bollington Wilson. The sale adds over £4 million ($5.2 million) gross … Continued

Succession Wealth Acquires Investors Planning Associates

Succession Wealth, the independent UK wealth management and financial planning firm, has today announced its acquisition of Investors Planning Associates Ltd (IPA), the national financial advisory firm with almost £500m funds under management (FUM). Dow Schofield Watts Transaction Services provided financial due diligence. Underpinning Succession’s ongoing focus on profitable, nationwide expansion and integration of large-scale businesses, this … Continued

Beech Tree Private Equity invests in the Fluent Money Group

  A private equity firm has completed its first deal in the North West with the acquisition of a Bolton-headquartered online loan platform in a transaction understood to be worth more than £15m. Beech Tree Private Equity has invested in the Fluent Money Group, which is the UK’s largest online secured loans broker and employs … Continued

DSW advises Liverpool insurance broker Coulter Hurst on sale to Stackhouse Poland

Cheshire based Dow Schofield Watts Corporate Finance acted for Coulter Hurst and Company Limited on their sale to leading independent insurance broker, Stackhouse Poland. Founded in 1999, Liverpool-based Coulter Hurst is an insurance and risk management practice which specialises in the commercial property and professional insurance sectors. Stackhouse Poland’s acquisition of Coulter Hurst will see their operating footprint … Continued

Prohire acquires Midland Vehicle Contracts

Dow Schofield Watts has advised on the sale of Midland Vehicle Contracts Limited (“MVC”) to Prohire Group plc, the Staffordshire-based asset leasing company. As a division of Prohire Group plc, Midland Vehicle Contracts Limited will continue to trade as such for the foreseeable future and the directors of Prohire are delighted to confirm, all MVC … Continued

Management buy-out of Taylor Patterson Group Limited

Dow Schofield Watts LLP advised the management team of Taylor Patterson Group Limited (“Taylor Patterson”) on their management buy-out. The management team of Taylor Patterson has increased its stake in the Company from 10% to 55% Since formation, Taylor Patterson has grown from a 2 person partnership to become one of the leading firms of … Continued

Management buy-out of Allclear Finance

Allclear Finance, a top tier supplier of debt solutions and financial planning services to the rapidly growing UK consumer credit market, has been sold to a management buyout team backed by Inflexion Private Equity. The business, lead by Chris Holmes, intends to broaden its service proposition, including providing increased access to needs-based, advice driven debt … Continued

Bankhall acquires Norwich Union mortgage club

Norwich Union, the UK’s largest insurer, has agreed to sell the Norwich Union Mortgage Club (NUMC) to Bankhall, one of the UK’s leading suppliers of intermediary services. NUMC is currently the fourth biggest mortgage broker club in the UK, representing 35 lenders and distributing mortgages through more than 7,000 intermediaries. In 2003, NUMC brokered almost … Continued