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TEAM today have announced a fund raising and acquisition of the IFA Concentric

Concentric is a successful Jersey-based investment consultancy business providing investment advice and analysis to over 430 retail, HNWI and institutional investors, with assets under advice (“AUA”) of £231 million (as at 31 December 2021). An initial consideration of £1.7 million is payable in cash, plus further deferred consideration of up to £0.8 million in new shares in TEAM.

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TEAM Acquires Concentric Group

TEAM Asset Management is to acquire the entire issued and to be issued share capital of Jersey-based financial planning and investment consultancy Concentric Group.