Bestinvest Group Acquires HW Financial Services

January 19, 2010

Bestinvest Group announced the acquisition of the financial advisory arm of Haines Watts, HW Financial Services LTD.


Bestinvest Holdings (“Bestinvest”), a London based independent financial advisor and market researcher, acquired HW Financial Services Ltd. (“HWFS”), a southern UK based firm with a national network of financial advisors.  The combined group will provide investment services for more than 70,000 clients and manage £4 billion in assets using over 150 employees located at 20 offices across the UK.

Established in 1986, Bestinvest provides investment advice, investment management and financial planning services to individuals, companies, charities and other financial institutions.  Bestinvest also provides independent research and manages five multi-manager funds.

HWFS is the financial services arm of accounting firm Haines Watts, with 20 locations and over 45 staff members in the United Kingdom.

To read the press release, please click here.


Categories

Investment Manager M&A, Transactions