Milecross Financial has bought Centre Court Partnership, marking its first deal in the south east of England.
The deal will add 2,000 clients and around £40mn of assets to Milecross, which is based in Northern Ireland.
The Centre Court Partnership offers advice across wealth, mortgage, and protection.
Led by David and Alison Harvey, a team of eight – including five advisers in Surrey, Kent, and Sussex – will join Milecross.
David Harvey, practice owner at Centre Court said: “With Milecross having concluded a large number of previous acquisitions, we knew we were in safe hands.
“We already had a great relationship with the key people at Milecross and we’ve found our discussions throughout to be thoroughly transparent and friendly. We’re really looking forward to working together.”
This is the second acquisition that Milecross has completed in 2024, after the firm bought Dundee-based Osprey Financial Services.
But the firm is on the lookout for more as part of its growth plans.
Paul Dalzell, founder and chief executive of Milecross, said: “This acquisition is further evidence of how Milecross is growing considerably and at pace.
“We are a trusted home for practices and advisers looking to realise value and become part of a bigger picture.
“We expect two or three further key acquisitions in the rest of 2024 as we deliver on our national growth strategy.”
amy.austin@ft.com
