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Tavistock has also entered into a ten-year strategic partnership with Titan, for whom it will act as retail distribution partner, thereby enabling the acceleration of organic and inorganic growth of its wealth business. The £40m deal, which is equivalent to 6.58p per Tavistock share based on the current number of shares in issue, will be paid in cash, together with a ten-year earn-out. Half of the cash will be paid on completion of the deal, while a further £20m will be paid in equal annual instalments over the following three years, linked to the maintenance of Titan s revenues. Tavistock will also receive additional payments over a ten-year period equivalent in value to 50% of future net income on any increased funds under management within TWL s ACUMEN UCITS funds.

United kingdomBrian ravenJames kaberryJohn leiperJulian parkerCeos andrew fearonTavistock investments groupAndrew fearonTavistock wealthTavistock asset managementJames kaberryAndrew fearonTavistock wealthJohn leiperTavistock asset managementJulian parker