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TEAM looks east with latest acquisition
TEAM Plc has acquired the entire issued share capital of Neba Wealth and Singapore-based Neba Financial Solutions Private in a deal worth around £1.2m.
TEAM Plc has acquired the entire issued share capital of Neba Wealth and Singapore-based Neba Financial Solutions Private in a deal worth around £1.2m.
Wealth and asset management company TEAM has announced that it has acquired Neba Financial Solutions.
TEAM plc, the wealth, asset management and complementary financial services group, has acquired the entire issued share capital of Labuan registered financial adviser network Neba Financial Solutions Limited (Neba Wealth) and Singapore-based Neba Financial Solutions Private from the 100% shareholder, John Beverley, for a total initial consideration of £1.181m.
Financial services group Team revealed on Tuesday that it has agreed to acquire Neba Financial Solutions in a deal valued at almost £1.2m.
Team PLC on Tuesday said it acquired Neba Financial Solutions Ltd and Neba Financial Solutions Private Ltd from the 100% shareholder, John Beverley.
Creating a New Platform in Global Wealth Management
I am thrilled to share with you the strategic rationale behind our recent acquisition of Neba Wealth (see attached), an exciting development that marks a significant step forward for our company and shareholders.