LONDON – Team PLC (AIM: TEAM) has agreed to acquire its smaller rival WH Ireland Group PLC (AIM: WHI) in an all-share deal, the companies announced on Tuesday, in a move to create a diversified wealth and asset management group with a combined market value of approximately £30.3 million. The recommended acquisition, structured as a court-sanctioned…
LONDON, UK: TEAM plc has exchanged contracts to acquire the entire issued share capital of Homebuyer Financial Services Limited (HBFS), a Jersey based financial planning business, for total consideration of £2.4 million in cash. Founded in 1988, HBFS is an established Jersey based financial planning business advising local clients on investments, pensions and protection policies….
LONDON, UK: TEAM plc (AIM: TEAM), the wealth, asset management and complementary financial services group, has acquired the entire issued share capital of Neba Wealth and Neba Singapore from the 100% shareholder, John Beverley. Neba Financial Solutions Limited (Neba Wealth) is a Labuan, Malaysia regulated network of financial advisers operating in Asian, South and Central…
LONDON, UK: TEAM plc (AIM: TEAM), the wealth, asset management and complementary financial services group, has acquired the entire issued share capital of Globaleye BVI, the parent company of the Globaleye Wealth Management Group (“Globaleye”) for £4.8 million ($6 million). Globaleye is an international wealth management business, headquartered in Dubai, with five further offices and…
LONDON, UK: TEAM plc has conditionally agreed to acquire the entire issued and to be issued share capital of Concentric Group Limited. Concentric is a Jersey based financial planning and investment consultancy business, delivering market-leading investment performance and analysis for high net worth individuals and institutional investors in Jersey and internationally. An initial consideration of…
LONDON, UK: TEAM plc announced the acquisition of the entire issued share capital of Omega Financial Services Limited. Omega Financial is a Jersey-based IFA, specialising in retirement planning, mortgage advice, life assurance and bespoke investment advisory services. An initial consideration of £2.0 million is payable in cash, plus further deferred consideration of up to £2.0…
LONDON, UK: TEAM plc has acquired JCAP Limited, trading as JCAP Treasury Services, a leading Jersey based provider of cash management services, focused on improving the return and mitigating the risks associated with the management of cash for institutions, professional advisers, trustees and high net worth individuals. JCAP has over £1.3 billion in assets under…