The Finli Group, formerly known as Solomon Capital Holdings, has bought Somerset-based Schaefer Financial Management and Birmingham-based MMR Financial Planning, bringing the firm’s total acquisitions to 41.

The acquisiion of MMR Financial Planning is its second completed acquisition in two months. Finli said it is on target to complete further deals this month across Kent, Cardiff, Merseyside and Somerset, feeding directly into three of its core regions.

Its aim is to grow its local presence in Scotland, the north of England, central England and southern regions, while also adding £1bn in assets annually.

Jon Barham, Finli Acquisitions Director, commented on the latest deals: “Acquiring firms often talk about the ideal size of a firm looking to sell. For us, it’s about the ideal attitude. If you want to do right by your clients, then we want to talk to you!”

Finli is backed by private equity firm JC Flowers & Co. The firm has invested more than $18bn (£14.7bn), including co-investment, in 66 portfolio companies in 18 countries across a range of industry sub-sectors including banking, insurance and reinsurance, securities firms, specialty finance, and services and asset management. It has $4bn (£3.15bn) of AUM.

 

If you are looking to sell your business, find out more about the selling your business to Finli (or others) Gunner & Co. can help you. Book a meeting with our Head of Brokerage Gwill here