Acquisition & consolidation of multiple financial planning practices

  • Actum Advisory assisted a boutique financial planning dealer group to develop and execute an M&A strategy, acquiring $200m+ in funds under advice via the rollup of several independent practices
  • The acquisitions were funded via a mix of cash equity, vendor terms and the balance sheet strength of the acquired practices.  Actum’s role was to assist with developing a long term financing structure that would enable the firm to continually acquire & integrate new businesses, while minimising  cash equity contribution.     
  • The initial consolidation of practices completed in March of 2022, with several new acquisitions having been funded since. The debt funding was sourced from a 2nd tier domestic bank.