Ashfords is pleased to have advised Curtis Banks Group, one of the UK's leading SIPP providers, on its acquisition of Talbot and Muir Limited, the SIPP and SSAS provider for a total consideration of up to £25.25m and Dunstan Thomas Group Limited, the fintech provider, for a total consideration of up to £27.5 million, and on a cash box placing to raise gross proceeds of up to £25 million.
Real Estate Partner, Andrew Worley, who has worked with the Curtis Banks Group since 2010 commented "We were delighted to support Curtis Banks Group on these transactions. Despite the challenges posed by lock down we were able to offer multidiscipline, cross-office support to enable Curtis Banks Group to enter into agreements for these key strategic acquisitions and to continue in their stated aim of growth organically and through acquisitions".
The acquisitions were led by Corporate Partners Chris Dyson and Jocelyn Ormond, supported by Andrew Worley, Nicola Manclark (Partner, Tax), Ed Hobbs (Partner, Banking), Ross van de Velde (Associate, Corporate), Iona Jones (Solicitor, Corporate) and Cynthia Ma (Legal Director, Financial Services Regulatory). Corporate partner Stuart Fleet advised on the cash box placing, supported by Jocelyn Ormond, Okachi Kejeh (Associate, Corporate) and Iona Jones.