Announced
Completed
Financials
Tags
Diversified Financials
Domestic
Friendly
Single Bidder
investment management
Private
Acquisition
United Kingdom
Majority
retirement planning
Private Equity
Completed
Synopsis
Aviva, a financial services company, completed the acquisition of Succession Wealth, an investment management and retirement planning firm, from Inflexion, a private equity firm, for £385m ($515m). "The acquisition of Succession Wealth boosts Aviva's presence in the fast-growing UK wealth market; supports our strategy to grow sustainably; and expands Aviva's ability to offer high quality financial advice to millions of our customers," Amanda Blanc, Aviva CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.