Verso Group (PE-backed) Acquires Everlong Wealth Limited

Verso Wealth Management (Cairngorm-backed) Acquires IEP Financial

December 14, 2022

Wealth Management

Verso Wealth Management, a Cairngorm Capital-backed wealth management platform, has acquired IEP Financial Limited, a Hove-based financial advice firm with 34 staff and £525m of advised assets. The add-on expands Verso’s presence across the South East and increases group AUM to over £1.8 billion as part of Verso’s continued buy-and-build strategy.

Verso Wealth Management Acquires Heritage Independent Financial Advisers

December 14, 2022

Wealth Management

Verso Wealth Management, a portfolio company of Cairngorm Capital, has acquired Heritage Independent Financial Advisers Limited to expand Verso's presence in the Midlands. Heritage, founded in 2003 and based in Knowle, West Midlands, has a team of 17 and provides specialist financial advice to high-net-worth individuals, families and corporate clients.

Verso Wealth Management Acquires CDC Wealth Management

March 14, 2022

Wealth Management

Cairngorm Capital-backed Verso Wealth Management has acquired CDC Wealth Management Limited, expanding Verso's national wealth management network with a new hub in the North East. CDC, based in Sunderland with a team of about 10 and advising over £150m of client assets, will retain its four principal directors who will work with Verso's executive team to support regional growth and integration of investment propositions.

Cairngorm Capital Acquires Munnypot and Whitefoord to Launch Verso Wealth Management

July 15, 2021

Financial Services

Cairngorm Capital Partners acquired Munnypot Limited and Whitefoord LLP to form Verso Wealth Management, a digitally powered wealth management group combining automated advice technology with personalised discretionary investment services. The deal establishes Cairngorm's entry into wealthtech and financial services and creates a platform for further bolt-on acquisitions to scale Verso's digital and advisor-facing capabilities.

Verso Wealth Management Acquires Campbell Thomson Insurance Services

August 18, 2022

Wealth Management

Verso Wealth Management, a portfolio company of Cairngorm Capital Partners LLP, has acquired Campbell Thomson Insurance Services Limited, marking Verso's fifth acquisition and its first in Scotland. The deal expands Verso's advisory footprint into Glasgow, brings Campbell Thomson's ~£315 million of advised assets under management onto the Verso platform, and increases the platform's total AUM to over £1 billion.

Verso Wealth Management Acquires Pavis Financial Management

January 27, 2022

Wealth Management

Verso Wealth Management, a portfolio company of Cairngorm Capital Partners, has acquired Liverpool-based Pavis Financial Management Limited. The acquisition expands Verso's national footprint by creating a North West hub and adds scale to its digital wealth management group; Pavis will continue to be led by Quentin McCormick with founder/chair Bob Newton remaining part-time.