Parthenon to acquire Titan Wealth.

Parthenon, a private equity firm, agreed to acquire Titan Wealth, a discretionary fund management/wealth and asset management business. Financial terms were not disclosed. “Titan is a fantastic business and the perfect investment for our first venture into the UK wealth market. From our many conversations with the team, it is clear that our strategic ambitions for the Titan business are very much in alignment. We look forward to working with the Titan team as they continue to build on the strong track record of growth and enhance the business’s unique, vertically integrated client-to-custody support,” Andrew Dodson, Parthenon Capital Managing Partner.