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Announced

Completed

Progeny completed the acquisition of Carbon Financial Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Single Bidder

Majority

financial planners

Acquisition

Private

Completed

Friendly

Diversified Financials

Domestic

Synopsis

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Progeny, a multi-disciplinary professional services firm, completed the acquisition of Carbon Financial Partners, a chartered financial advice firm. Financial terms were not disclosed. “Progeny share our investment philosophy and our values. It was critical for the team that we found the right fit for our clients and we have achieved that. Combining with Progeny will help us to take our service and advice offering to new levels,” Gordon Wilson, Carbon Financial Partners Managing Director.

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