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Scottish firm makes double M&A swoop

While it looks at other opportunities in the space Dundee-headquartered wealth firm Thorntons Investment has entered into M&A deals with two financial advisory firms. It acquired Matheson Financial Consulting in Aberdeen and Sonas Wealth Management in Dundee for undisclosed sums. The deals add around £175m in assets under management to the firm’s existing £420m ($574m, €471m). Both Matheson and Sonas will retain their business models and leadership, as part of the deal, while the unificat...
Stephen Webster Chris Forde Rory Matheson Thorntons Investment Matheson Financial Consulting Sonas Wealth Management

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