Wealth management firm Courtiers has acquired South-West based advice firm, Davidsons IFA.
The deal, which completed on August 12, under which Davidsons becomes part of the Courtiers Group, is the latest in a series of acquisitions that has seen Courtiers continuing its rapid expansion.
Courtiers Chief Executive Jamie Shepperd (pictured), says he expects the deal to deliver around £120m in funds, taking the Courtiers Group’s total funds under management to just shy of £1.1bn.
In 2020 Courtiers, with its head office in Henley-on-Thames, acquired SDB Strategic Planners. This followed its 2018 acquisitions of De Brae Investment Management and advice firm Paragon Independent Solutions. In 2016 Courtiers bought Oxford-based IFA JRH Asset Management.
The acquisition of Davidsons IFA, which began business 20 years ago, takes the number of employees at Courtiers, which already has offices in Oxfordshire, Derbyshire, and Staffordshire to 125.
Davidsons Managing Director Craig Davidson and his team will continue to serve clients from their existing offices in Okehampton and Wadebridge.
Commenting on the acquisition, Jamie Shepperd, Courtiers Chief Executive, said; “Courtiers and Davidsons are a perfect match. We share a commitment to putting clients first, and doing business in a way that’s modern, while also representing the traditional values that we’ve both been able to build on over decades. Having met Craig and his colleagues, I know that they share the commitment that everyone at Courtiers has to make this a great success.”
Craig Davidson, added; “Courtiers is a natural fit for us. Their investment credentials are excellent and their client-focus ethos means our clients will be well looked after”.