M and A
Deals Of The Day: The Latest In Wealth Management M&A – Titan Wealth Holdings, Ravenscroft

The latest M&A deals in wealth and asset management.
Titan Wealth Holdings, Ravenscroft
Titan
Wealth Holdings has entered into a share purchase agreement
to acquire (subject to shareholder and regulatory approval)
Ravenscroft's
UK-based investment management business.
The acquisition will take Titan Wealth’s AuM to £9.4 billion ($ 11.7 billion).
The investment proposition is largely bespoke, investing predominantly in funds and with some equities. Ravenscroft's Bishop's Stortford office investment proposition is primarily based on "model-style" portfolios. The teams from both offices will move across to Titan Wealth, Titan said in a statement..
"Ravenscroft is a well-run business possessing a high-quality, loyal client base. The business will integrate with our network, enabling greater distribution of the investment and advisory offering that form part of our client to custody solutions and services," Andrew Fearon, joint CEO and head of M&A at Titan said.
Jon Ravenscroft, group CEO of Ravenscroft, said: "Titan has acquired a number of asset management firms in accordance with its growth strategy and we have spent a considerable amount of time ensuring they were the correct fit. Titan has the same ‘client first’ ethos and I’m confident that this development is the right move for both our UK teams and their clients. It will also allow Ravenscroft to focus on the offshore market – which we know extremely well – where the large majority of our clients, shareholders and staff remain. We would like to thank M&A specialist Dyer Baade & Company for their assistance in this transaction."
Most Ravenscroft clients are based in Cambridgeshire and Hertfordshire.
Guernsey-based Ravenscroft has two UK offices and a combined AuM of £600 million and provide discretionary, advisory and execution-only services to nearly 2,300 clients. Ravenscroft is an independently-owned investment services group which has £8.55 billion of assets under administration for both private clients and institutional clients.
Titan is a discretionary fund management/wealth and asset management business, which provides execution, custody, clearing and wealth management services to small and medium sized broker dealers, proprietary traders, intermediaries, family offices and wealth managers and platform services, custody and investment solutions to financial advisors, family offices, retail clients and institutions via a network of trusted intermediaries.