Add-on Acquisition • Financial Services

AFH Financial Group Acquires CIB Wealth Management

On March 2, 2015, AFH Financial Group acquired financial services company CIB Wealth Management

Acquisition Context
  • This is AFH Financial Group’s 9th transaction in the Financial Services sector.
  • This is AFH Financial Group’s 11th transaction in the United Kingdom.

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M&A Deal Summary

Date March 2, 2015
Target CIB Wealth Management
Sector Financial Services
Buyer(s) AFH Financial Group
Deal Type Add-on Acquisition

Target Company

CIB Wealth Management

Rochester Kent, United Kingdom
CIB Wealth Management LLP offers advisory services in the areas of pension planning, mortgages and remortgages, equity release, long term care funding, life and critical illness assurance, inheritance tax planning, investing for growth and/or income.
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Buyer Overview 1

Buyer

AFH Financial Group

Bromsgrove, United Kingdom

Category Company
Founded 1990
Sector Financial Services
Employees400
Revenue 74M GBP (2019)
DESCRIPTION

AFH Financial Group is a financial advisory and wealth management company that offers wealth management and financial planning services. AFH Financial Group was founded in 1990 and is based in Bromsgrove, the United Kingdom.


Deal Context for Buyer #
Overall 11 of 40
Sector: Financial Services 9 of 32
Type: Add-on Acquisition 11 of 40
Country: United Kingdom 11 of 40
Year: 2015 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-11 Hindsight Financial Services

Northampton, United Kingdom

Hindsight Financial Services Ltd. is a provider of financial advisory services in the United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-02 Clarendon Financial Solutions

Nottingham, United Kingdom

Clarendon Financial Solutions Ltd. is a provider of independent financial solutions to businesses and individuals in the East Midlands.

Buy -