Current Amati mangers Paul Jourdan, Douglas Lawson and David Stevenson will remain with the business, it was confirmed, under the guidance of the recently-appointed chief investment officer Simon Gibson.
Gareth Green has also been recently appointed the firm’s head of risk and compliance after leaving private bank C Hoare and Co in December 2016.
Dr Paul Jourdan, Amati’s CEO, said: “As AIM investors we have known and admired Mattioli Woods for many years.
“As this transaction has evolved over the past year we have realised not only that our businesses are highly complementary, but that we share similar values and business culture.”
Mattioli Woods has expanded rapidly within the past three years, during which period more than half of its acquisitions have occurred.
However, director Simon Gibson told Portfolio Adviser in December that the group remains highly selective in choosing its targets.
