MKC Wealth has acquired Dartford-based Gibson Lamb Financial, for an undisclosed sum. This deal is brokered by Gunner & Co.
Gibson Lamb was founded in 1973 and has been led by the founder’s son, Dave Lamb, for 31 years.
Lamb has decided to leave the industry and embark on fresh challenges in the green home energy transition sector, but will stay on for a brief period of transition.
However, two client support staff from Gibson Lamb have joined MKC Wealth’s City of London office in an administrative capacity.
MKC Wealth CEO Dominic Rose said: “MKC Wealth continues to grow both organically and by merger and acquisition.
“What matters in scenarios like this is that clients turn around at the end of a transition period and thank their former adviser for the way in which the relationship has been transferred to MKC Wealth.
“Our responsibility is to delight the clients who trust us to look after them and in doing so we therefore ensure that business owners can enjoy their next chapter in the knowledge their clients are in safe hands.
“I am pleased to be able to welcome Emma McMahon and Vicky Baldwin (from Gibson Lamb) to our client support team in London who will both help us deliver on our promises to our new clients.”
Lamb added: “In addition to the customer service, cutting-edge IT and client-reporting processes that have been the priority for Gibson Lamb, our emphasis on green and environmental-backed investing led us to strike a deal with MKC Wealth.
“Not only does MKC Wealth share our ethos, it is also clear from its previous deals that it has the expertise and resources to do so.”
Earlier this year (February) MKC Wealth purchased London-based financial planning firm Wealth for Women, also brokered by Gunner & Co.
If you are looking to sell your business to MKC Wealth, find out more about the selling process and how Gunner & Co. can help you. Book a meeting with our MD Louise here