Overview
A consortium of private investors have announced their acquisition of Rowan Dartington & Co Ltd, the private client stockbroker and wealth manager, from Astaire Group. Led by industry figure Graham Coxell who becomes CEO and Chairman, the deal includes an investment from current staff for up to 15% of the equity. Coxell, who previously held senior positions at both Capita and Marlborough Stirling, brings a wealth of experience to the company.
Significance
The transaction provides a platform for the investors to grow a substantial independent wealth management business.
Our Role
NovitasFTCL advised the investors on the deal.
Transaction Map
Counterparty
Client