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AnaCap completes Novia acquisition | Money Marketing


AnaCap completes Novia acquisition
By
Michael Klimes
14
th May 2021
8:53 am
Private equity investor AnaCap Financial Partners (AnaCap) has completed its acquisition of platform Novia Financial (Novia).
This represents AnaCap’s third acquisition in the UK wealth management platform space since 2019.
In addition, Novia announces the following management changes.
Mark Winlow, an experienced independent non-executive director whose previous track record includes roles at Ageas and Starling Bank respectively has been appointed as chairman of the board.
Peter Cartwright, partner and head of private equity at AnaCap, Robert Massey, managing director at AnaCap alongside Ken Fry, Jane Dale and Dominic Easton will also be appointed to the board. ....

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Investegate |Team PLC Announcements | Team PLC: Update on Letters of Intent


 
TEAM is a Jersey based specialist, investment-led active fund manager providing discretionary and advisory portfolio management services to private clients and trusts. On 8 March 2021, TEAM s shares were admitted to trading on AIM in an IPO raising £7.8 million. As at market close on 6 April 2021, TEAM has a market capitalisation of £14.4 million and available cash of approximately £6.0 million.
 
TEAM s strategy is to grow into an internationally recognised wealth and asset management group. The TEAM Board believes that it has in place the right senior management team and the right financial firepower from its major institutional shareholders to deliver on this strategy and be a leading consolidator in the wealth management industry. ....

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