The latest mergers, acquisitions and other corporate actions in the wealth management sector.

Titan Wealth, IWP
In a run of M&A deals, London-headquartered Titan Wealth has completed its acquisition of Independent Wealth Planners (IWP). The deal – adding £6.9 billion ($9.5 billion) of client assets – brings the group’s total assets under management to £44 billion.

This is a landmark deal for Titan. The group said it places Titan Wealth among the largest and fastest-growing national advice businesses, with 225 client-facing financial advisors now operating across the UK.

“Over the coming months we will be integrating IWP’s capabilities and services into the group,” Andrew Fearon, joint group CEO and head of M&A at Titan Wealth, said.

Titan Wealth said it wants to build a “client-first business” serving clients “wherever they are, with best fit advice, great service, and access to a full range of investment options to deliver the wealth outcomes they are looking for.” 

The firm’s growth is not limited to the UK. Internationally, it is expanding with offices in the Channel Islands and United Arab Emirates. In 2026, the business aims to make significant investments in technology, client service and product enhancements, as well as strategic business acquisitions, all aimed at driving continued business growth through better advisor and client outcomes.

The group is planning to make further acquisitions: Sound Financial Management, a financial planning and advisory firm based in Plymouth and a financial advice firm based in Chester, both in the UK. See more here, here and here.

Carne Group, Permira
Funds advised by Permira, a global investment firm, have agreed to acquire a significant minority stake in Carne Group, based on an enterprise valuation of €1.4 billion ($1.66 billion). The transaction, which is subject to customary regulatory approvals, is expected to close in the third quarter of 2026.

Founded in 2004, Dublin-based Carne Group is a European third-party management company and a provider of fund regulation and governance solutions.

As part of the transaction, Vitruvian Partners will exit its minority shareholding acquired in 2021, alongside several other minority shareholders selling their stakes. Carne’s founder, management team and employees will retain a majority shareholding in the group, while founder and CEO John Donohoe will continue to lead the business, the firm said in a statement.

This investment marks a milestone for Carne as the business enters its next phase of growth, with Permira bringing the resource and expertise of a global firm with strong market access and experience in the financial services ecosystem, the firm said in a statement.

Permira’s backing will enable Carne to accelerate the development its technology platform, Curator, through increased investment in product innovation, commercial capabilities and technology advancements – particularly in artificial intelligence and automation. The investment will allow Carne to strengthen its support to clients globally, and capitalise on growth opportunities across the sector.

Carne Group was advised by Raymond James (M&A), Linklaters (legal), PwC (financial, tax and structuring) and Matheson (legal). Permira was advised by Rothschild & Co (M&A), Freshfields (legal), A&L Goodbody (legal), Deloitte, EY (tax), Oliver Wyman (commercial), Kroll (regulatory) and Alvarez & Marsal (operations & tech).