{"id":9491,"date":"2025-09-10T10:57:54","date_gmt":"2025-09-10T10:57:54","guid":{"rendered":"https:\/\/www.marshberry.com\/eu\/?p=9491"},"modified":"2026-02-25T21:42:04","modified_gmt":"2026-02-25T21:42:04","slug":"uk-investment-sector-ma-holds-firm-in-august","status":"publish","type":"post","link":"https:\/\/www.marshberry.com\/eu\/blog\/uk-investment-sector-ma-holds-firm-in-august\/","title":{"rendered":"UK investment sector M&amp;A holds firm in August"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"h-m-amp-a-market-update-nbsp\"><strong>M&amp;A market update<\/strong>&nbsp;<\/h2>\n\n\n\n<p>August proved to be a dynamic month in the sector, with notable developments across mergers and acquisitions (M&amp;A), strategic exits and funding of new growth vehicles. Two new consolidators were created via platform investments in the wealth management market, one of which is linked to Paul Hogarth \u2013 renowned for his success with Perspective and Tatton. His involvement suggests it will likely become an active acquirer of IFAs (independent financial advisors). In a strategic shift, Aberdeen announced its exit from the financial planning market and Intelliflo began a new chapter under the ownership of U.S. private equity (PE) firm Carlyle, marking a significant milestone in its growth journey. The retail savings space also saw further consolidation with Octopus Money acquiring Virgin Money\u2019s investment business. In total, five deals exceeding \u00a35 million in value were recorded across the investment sector during August, reflecting continued momentum in M&amp;A.&nbsp;<\/p>\n\n\n\n<div style=\"height:5px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-text-align-center has-marshberry-beige-color has-text-color has-link-color has-medium-font-size wp-elements-89c364c5897697a99bb3598d07a47018\"><strong>Total Announced UK Investment Sector Transactions, Annual<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"670\" height=\"357\" src=\"https:\/\/www.marshberry.com\/eu\/wp-content\/uploads\/sites\/2\/2025\/09\/uk-investment-sector-ma-steady-august-2025.png\" alt=\"UK investment sector M&amp;A activity remains steady in August 2025\" class=\"wp-image-11717\" style=\"width:650px\" srcset=\"https:\/\/www.marshberry.com\/eu\/wp-content\/uploads\/sites\/2\/2025\/09\/uk-investment-sector-ma-steady-august-2025.png 670w, https:\/\/www.marshberry.com\/eu\/wp-content\/uploads\/sites\/2\/2025\/09\/uk-investment-sector-ma-steady-august-2025-300x160.png 300w\" sizes=\"(max-width: 670px) 100vw, 670px\" \/><figcaption class=\"wp-element-caption\"><em>Source: MarshBerry Proprietary Database and Companies House. YTD: Year-to-date. Data as of 08\/31\/25<\/em>.<\/figcaption><\/figure>\n<\/div>\n\n\n<p>Deal activity in August was balanced across the market spectrum, with three transactions exceeding \u00a325m in value, including one above \u00a3100m. This marks a moderation from the concentration of larger deals seen in July and signals a return to a more typical distribution of deal sizes. Year-to-date, most UK transactions (74%) remain below \u00a3100m, consistent with historical norms.&nbsp;<\/p>\n\n\n\n<div style=\"height:5px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-text-align-center has-marshberry-beige-color has-text-color has-link-color has-medium-font-size wp-elements-7f54cde59b44054dfeb26cec22ae6f48\"><strong>Announced UK Investment Sector Transactions by Target Size<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"717\" height=\"472\" src=\"https:\/\/www.marshberry.com\/eu\/wp-content\/uploads\/sites\/2\/2025\/09\/uk-investment-sector-monthly-deal-volume-comparison-august-2025.png\" alt=\"Monthly comparison of UK investment sector deal volumes\" class=\"wp-image-11723\" style=\"width:650px\" srcset=\"https:\/\/www.marshberry.com\/eu\/wp-content\/uploads\/sites\/2\/2025\/09\/uk-investment-sector-monthly-deal-volume-comparison-august-2025.png 717w, https:\/\/www.marshberry.com\/eu\/wp-content\/uploads\/sites\/2\/2025\/09\/uk-investment-sector-monthly-deal-volume-comparison-august-2025-300x197.png 300w\" sizes=\"(max-width: 717px) 100vw, 717px\" \/><figcaption class=\"wp-element-caption\"><em>Source: MarshBerry Proprietary Database and Companies House. YTD: Year-to-date. Data as of 08\/31\/25.<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n<p>PE-backed buyers remained the dominant acquirer group in August, accounting for four out of the five recorded transactions, either directly or through portfolio companies. The remaining deal involved a privately owned buyer, only the second such transaction in 2025. This aligns with historical patterns, where privately owned firms tend to be one of the least acquisitive cohorts. Notably, there were no acquisitions by overseas or publicly listed buyers during the month.<\/p>\n\n\n\n<div style=\"height:5px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-text-align-center has-marshberry-beige-color has-text-color has-link-color has-medium-font-size wp-elements-362329c9f6f36329807e9e78d0971947\"><strong>PE-Backed Transactions as a % of Total Announced Transactions<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"784\" height=\"469\" src=\"https:\/\/www.marshberry.com\/eu\/wp-content\/uploads\/sites\/2\/2025\/09\/uk-investment-ma-buyer-category-breakdown-2025.png\" alt=\"UK investment M&amp;A activity breakdown by buyer category\" class=\"wp-image-11728\" style=\"width:650px\" srcset=\"https:\/\/www.marshberry.com\/eu\/wp-content\/uploads\/sites\/2\/2025\/09\/uk-investment-ma-buyer-category-breakdown-2025.png 784w, https:\/\/www.marshberry.com\/eu\/wp-content\/uploads\/sites\/2\/2025\/09\/uk-investment-ma-buyer-category-breakdown-2025-300x179.png 300w, https:\/\/www.marshberry.com\/eu\/wp-content\/uploads\/sites\/2\/2025\/09\/uk-investment-ma-buyer-category-breakdown-2025-768x459.png 768w\" sizes=\"(max-width: 784px) 100vw, 784px\" \/><figcaption class=\"wp-element-caption\"><em>Source: MarshBerry Proprietary Database and Companies House. YTD: Year-to-date. Data as of 08\/31\/25.<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\" id=\"h-notable-transactions-august-2025-nbsp\"><strong>Notable transactions (August 2025):<\/strong>&nbsp;<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Absolute Financial Group launched with the acquisition of <strong>Absolute Financial Management<\/strong>, a Kent-based IFA firm advising on \u00a31.1bn in client assets. The national advice consolidator raised a commitment of \u00a3115m from a consortium including <strong>Inflexion Private Equity<\/strong>, <strong>Tatton Asset Management<\/strong>, and the <strong>senior management of Tatton<\/strong>. The group will be led by David Carter as chief executive and Paul Hogarth as non-executive chair.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Carlyle<\/strong> announced it had acquired <strong>Intelliflo<\/strong> from Invesco in a deal worth up to $200m (\u00a3149m). London-based Intelliflo provides cloud-based practice management software to over 2,600 advisory firms, supporting \u00a3450bn in client assets. The acquisition includes Intelliflo\u2019s U.S. subsidiaries RedBlack and Intelliflo Portfolio, which will be carved out as standalone entities. Carlyle will support growth in the UK and Australia in a move that resembles Blackstone\u2019s purchase of Iress, the parent company of Xplan, and highlights the sustained institutional interest in technology platforms serving financial advisers.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Aberdeen <\/strong>announced the sale of its financial planning business, <strong>Aberdeen Financial Planning<\/strong> (formerly 1825), to <strong>Ascot Lloyd<\/strong>. The Edinburgh-based unit adds \u00a33.6bn in assets under advice (AUA) and 6,300 clients, bringing Ascot Lloyd\u2019s total AUA to \u00a314.5bn. The deal supports Aberdeen\u2019s strategic focus on its core wealth and investment platforms.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-other-uk-transactions-august-2025-nbsp\"><strong>Other UK transactions (August 2025):<\/strong>&nbsp;<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>K3 Capital Group<\/strong> launched a new financial services division through investments in Manchester-based <strong>Pareto Financial Planning<\/strong> and <strong>Luna Investment Management<\/strong>. Pareto advises individuals and SMEs across pensions, investments, and tax planning, while Luna offers discretionary fund management. The move marks K3\u2019s fifth operating division and expands its lifecycle advisory model.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Perspective Financial Group<\/strong> completed five acquisitions: <strong>Lifestyle Financial Services<\/strong>, <strong>Sirius Money Management<\/strong>, <strong>Mat White Financial Services<\/strong>, <strong>Sapient Wealth Management<\/strong>, and <strong>Bayham Wealth<\/strong>. The deals add a total of \u00a3310m in AUA, 825 households and new offices in Crewe, Cheshire, bringing Perspective\u2019s total acquisitions to 121.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Advies Private Clients<\/strong>, backed by <strong>Saltus<\/strong>, acquired the London-based, specialist IFA <strong>Nicholas Trayford<\/strong>, adding 100 clients with \u00a3100m in assets. The addition enhances Advies\u2019 presence in the South East.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Pivotal Growth<\/strong>, backed by <strong>LSL Property Services<\/strong> and <strong>Pollen Street Capital<\/strong>, acquired Bedford-based <strong>More Choice Financial<\/strong> and Northern Ireland-based <strong>McPolin Financial Services<\/strong>. The firms will be integrated into existing subsidiaries Grange Mortgage and Select Mortgage, respectively, strengthening Pivotal\u2019s UK footprint.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Octopus Money<\/strong> announced the acquisition of <strong>Virgin Money\u2019s investment business<\/strong>, adding \u00a33.8bn in assets and 150,000 customers. The deal accelerates Octopus\u2019 growth in the direct-to-consumer wealth market and expands its hybrid digital-advice platform.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>JTC<\/strong> announced the acquisition of <strong>Kleinwort Hambros\u2019 trust business<\/strong> from UBP for \u00a320m. The 70-year-old trust arm will be integrated into JTC\u2019s Private Client Services division, strengthening its Channel Islands presence and adding a UK trust business for the first time.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Brown Shipley<\/strong> announced it had sold its <strong>international expat high net worth arm<\/strong> to <strong>Investec Switzerland<\/strong>. Following the agreement with Brown Shipley, a team comprising five client advisers and a small group of dedicated support staff is set to join Investec in early 2026.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Hoxton Wealth<\/strong> announced it had acquired Malaysia-based expat services provider <strong>Infinity Financial Solutions<\/strong>, adding \u00a3225m of assets under management. The deal marks Hoxton\u2019s largest acquisition to date and its first in Asia, expanding its international footprint.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&amp;A market update&nbsp; August proved to be a dynamic month in the sector, with notable developments across mergers and acquisitions (M&amp;A), strategic exits and funding of new growth vehicles. Two new consolidators were created via platform investments in the wealth management market, one of which is linked to Paul Hogarth \u2013 renowned for his success [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":9101,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20],"tags":[],"mu_industry":[50],"class_list":["post-9491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-m-a","mu_industry-investment"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>UK investment sector M&amp;A holds firm in August - MarshBerry<\/title>\n<meta name=\"description\" content=\"News &amp; Views on Mergers &amp; Acquisitions, Strategies and Trends from the experts at MarshBerry.\" \/>\n<meta name=\"robots\" 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