LONDON: Tavistock Investments Plc (AIM:TAVI) reported an operating profit of £11.07 million for the year ended March 31, 2025, reversing a £0.4 million loss a year earlier, as the UK-based retail advisory firm undertook a strategic overhaul including asset disposals, acquisitions, and a planned rebrand. Adjusted EBITDA fell to £1.76 million from £2.23 million, impacted…
Completion of acquisition of Alpha Beta Partners LONDON: Tavistock Investments Plc (AIM:TAVI) has exchanged contracts for the acquisition of Alpha Beta Partners (ABP), a well-regarded asset management business based in London and Bath with approaching £3 billion of assets under management and a strategic focus on retail investors served by regulated advice businesses which is…
LONDON: The Board of Tavistock Investments has confirmed an agreement to sell two of its subsidiary businesses, Tavistock Partners Limited (TPL) and Tavistock Estate Planning Services Limited (TEPS), to The Saltus Partnership Holdings LLP (Saltus) for up to £37.75 million. Tavistock will sell 100% of the issued share capital of TPL and TEPS to Saltus…
LONDON, UK: Tavistock Investments (AIM: TAVI) has entered into an agreement to acquire the entire issued share capital of LEBC Hummingbird Limited. Hummingbird Limited is an unregulated business that provides research on the asset class allocations to be used within funds and model portfolios. Its service is designed to help investment managers match their investment…
LONDON, UK: Tavistock Investments Plc has entered into an agreement to acquire the entire issued share capital of Morgan Financial Group Holdings Limited, an independent financial advisory group with offices in Bath and Cheltenham. Tavistock has agreed to acquire Morgans for a total cash consideration of £3.7 million, from Corimar Asset Management Fund LP. £3.1…
LONDON, UK: Tavistock Investments has completed the sale of Tavistock Wealth Limited (TWL) to Titan Wealth Holdings Limited. Company announced on 14 June 2021 that it had entered a 10-year strategic partnership with Titan Wealth. As a part of these arrangements Titan Wealth has acquired TWL for a consideration of up to £40 million in…