Beech Tree completed the acquisition of a majority stake in Advanta Solutions.

Beech Tree, a private equity firm, completed the acquisition of a majority stake in Advanta Solutions, a wealth management and complementary services group. Financial terms were not disclosed. “We have built a highly successful business model that involves a corporate sales structure and is different from the rest of the industry. This ensures that we provide a very high quality of service to our customers and that we can continue to invest in the core business, maintaining and indeed improving, service levels as we grow," Craig Webster, Advanta CEO.