London financial planner secures funding for acquisition strategy

A London financial planner has secured funding to boost its ongoing acquisition strategy.

HFMC Wealth recently received the funding from ThinCats, which was advised by finnCap.

The funding supports the company’s recent acquisition of financial planner Aspinalls Group.

The acquisition of Aspinalls adds assets under management of more than £130m and represents the company’s ongoing growth and acquisition strategy.

Jeremy Hoyland, CEO of HFMC Wealth, commented: “Identifying and acquiring suitable financial planning firms is central to our growth strategy.

“The funding put in place allows us to pursue other potential acquisitions with like-minded wealth and financial planning firms.

“We were delighted to work with finnCap and ThinCats on the purchase of Aspinalls and look forward to working together on future acquisitions, providing the range of services to clients normally associated with a Private Bank.

Alistair Hay, partner and head of debt advisory at finnCap Group: “We are grateful for the opportunity to work with Jeremy and his team on financing this important acquisition.”