Skerritts is delighted to announce the acquisition of Chester-based financial planning firm, Chadwick McLean. This provides Skerritts with a presence in North West England as the group looks to accelerate its expansion in the region and nationally. The deal is brokered by Gunner & Co.
Headquartered in Hove, Skerritts is a chartered financial adviser and wealth manager. In March 2021, Sovereign Capital Partners, a UK private equity Buy & Build specialist, completed a significant investment worth £55 million to develop the business through a strategy of organic and acquisitive growth, which has seen the addition of new offices in Kent, Hampshire and London.
The purchase of Chadwick McLean adds £230 million of AUM, and brings the number of deals that the Skerritts Group has completed since the Sovereign investment up to eight.
Paul Feeney, CEO of Skerritts, says:
“I am delighted to welcome the great team at Chadwick McLean to the Skerritts family. This takes us one step closer to achieving our mission of becoming Britain’s premier chartered financial planner.”
John Chadwick, Director of Chadwick McLean, says:
“I have spent some considerable time looking thoroughly at potential companies that could ensure that we are fully resourced and are able to continue to offer the full range of services to our clients. It was obvious that Skerritts are the best choice for the safeguarding of our clients’ financial future. I will be continuing my career leading my workplace training company, Planned Future Wellbeing, and we will remain closely associated with Skerritts providing financial education services to employees throughout the UK”. ”