Foot Anstey advises Clifton Wealth Partnership on strategic wealth management acquisitions

National law firm Foot Anstey has advised wealth management firm, Clifton Wealth Partnership, on a series of seven strategic acquisitions as part of its buy-and-build strategy in the wealth management sector.

The acquisitions represent the first step in Clifton's ambitious growth strategy following the firm receiving private equity investment from CBPE Capital and debt funding from Tresmares Capital.

The transactions, comprising a mixture of share and asset purchases, enable Clifton to expand its footprint by acquiring smaller, aligned businesses within the wealth management space. This is the group's first large-scale acquisition programme, reflecting its ambition to drive growth through strategic consolidation.

Foot Anstey played a pivotal role in the transaction, providing corporate legal expertise to structure and execute multiple concurrent deals. Having advised Clifton on financial services regulatory matters previously, this marked the first time Foot Anstey worked with the company on corporate acquisitions. The team spent time with Clifton to understand what value looked like for the business, in order to deliver a solution to effectively manage seven deals on time and on budget.

The firm was able to help Clifton successfully navigate the complexities of multiple acquisitions, ensuring smooth execution and the completion of Clifton's commercial objectives.

The team comprised Partner Adam McKenna, Associates Emma Robinson and Chloe-Ann Roberts-Hawkey and Financial Services Partner Alan Hughes.

Adam McKenna, Partner at Foot Anstey, commented: "This was a truly exciting and ambitious project for Clifton, and we are delighted to have played a key role. These transactions position Clifton as a leading consolidator in the space, reinforcing its capability to execute further strategic deals. Our team is proud to support Clifton's long-term growth strategy, and we look forward to continuing our partnership as the business expands further in the wealth management sector."

Alan Hughes, Client Partner for Clifton, commented: "This represents a significant milestone for Clifton and we're pleased to have supported Clifton in executing its growth strategy. It has been a real team effort between the Clifton and Foot Anstey teams to ensure the deals were completed smoothly whilst taking a commercial and pragmatic approach.

Anthony Carty, Managing Director of Clifton Wealth Partnership, commented: "This marks a transformational step for Clifton, and we are thrilled with the journey we have made. With private equity backing, we are well-positioned to accelerate our growth and bring our expertise to a broader client base. Foot Anstey’s support has been invaluable in navigating the complexities of these transactions, and we appreciate the team's commitment and expertise."