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Announced

Curtis Banks Group to acquire Talbot and Muir and Dunstan Thomas for $61m.

Synopsis

Curtis Banks Group, a financial services company based in Bristol, United Kingdom, agreed to acquire fintech providers Talbot and Muir for $61m. "We continue to look for the right types of business to grow Curtis Banks in the right way and believe Talbot and Muir and Dunstan Thomas are excellent strategic fits. Talbot and Muir and Curtis Banks are comparable in terms of culture, service offering, distribution routes and client base and further consolidates our market position as one of the largest UK providers of SIPPs and SSAS products. We are confident this bolt-on acquisition will deliver materially enhanced earnings for Curtis Banks," Will Self, Curtis Banks CEO. On October 6, 2020, Curtis Banks announced that the pre-conditions to the acquisition of Talbot and Muir, including receipt of approval from the Financial Conduct Authority, have been satisfied.

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