Martin Gilbert calls for investor calm as AssetCo unveils £2.8m takeover
AssetCo, the asset manager owned by investors including Martin Gilbert, has swooped to buy an Edinburgh firm in a deal worth £2.8m.
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AssetCo, the asset manager owned by investors including Martin Gilbert, has swooped to buy an Edinburgh firm in a deal worth £2.8m.
AssetCo, the asset manager owned by investors including Martin Gilbert, has swooped to buy an Edinburgh firm in a deal worth £2.8m.
AssetCo’s pre-tax profit increased more than four-fold from £3.4m to £16.1m over 12 months.
AssetCo has announced the acquisition of River and Mercantile Group’s (RMG) remaining business is a core part of the company’s strategy.
After a bumper year of acquisitions, with four firms coming fully or partly under the brand new AssetCo umbrella in the nine months since Martin Gilbert was confirmed chair, the newest kid on the asset management block has no intention of slowing down.