Succession Group acquires IFA for £2.9m

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Succession Group has acquired independent advice firm DNG Financial Solutions for £2.9m.

DNG Financial Solutions has offices in Daventry and Northampton.

The deal, which is subject to FCA approval, is Succession Group’s 14th acquisition.

Succession Group chief executive Simon Chamberlain says: “Our proven consolidation and acquisition model ensures rapid integration of member firms and provides exciting development opportunities for business owners and their teams.”

DNG managing director Peter Dubber says: “We joined Succession as a member firm in 2010 to benefit from the strategic and operational changes necessary to reflect the RDR and focus on profitable growth.

“Over the last five years we have more than doubled our funds under management from active engaged clients and this acquisition is the next stage of our journey.”