The deal will allow Maven to leverage the Mattioli Woods partnership to access further capital to help boost growth and will also enhance Maven’s services and capability through access to Mattioli Woods’ advisor and client base as well as expertise in a broader range of products.

Separately Mattioli Woods is also acquiring Ludlow Wealth Management, one of the largest independent providers of investment, financial planning and pension advice in the North West of England.

Maven remains one of the UK’s most active private equity houses and property investors and, despite the pandemic, has continued to complete investment deals across a wide range of sectors as well as delivering a number of successful exits for investors. Maven has also just concluded another successful fundraising season for two of its VCTs, raising the full £40 million.

Read more/Source: Private Equity Wire