Professional services firm Progeny has acquired Hampshire-based financial advisers Coll Perkins. Established in 2011, it provides financial planning and tailored personal services to a select number of clients.
The deal will allow Progeny to further expand its presence in the south of England.
Financial details were not disclosed.
It is the latest acquisitions by Progeny, which saw US-headquartered private equity firm Further Global Capital Management acquire a majority stake late last year. The firm’s investment was intended to “power the organic and inorganic growth of the business
In addition to Coll Perkins, it has since scooped up RU Group in February and JM Glendinning Financial Services in November.
Mark Perkins, founder at Coll Perkins, said: “Joining a multi-disciplinary professional services firm like Progeny will allow us to grow and develop while staying true to our values and founding principles.
“It will also bring benefits of scale and scope and comes with new opportunities for our team and our clients.
“We can continue to deliver exceptional service and build long-lasting and trusting relationships, while now offering them an even wider range of market-leading services.”
Neil Moles (pictured), chief executive of Progeny, said: “[Coll Perkins] will bring new skills and expertise into the mix and the way they operate, engage with their clients and conduct business will ensure they fit right in.
“We are looking forward to extending our footprint in Hampshire and the south of England and to the real value that Coll Perkins will add to our proposition.”
