Wealth manager Mattioli Woods plc to acquire Hurley Partners

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04/08/2020

Specialist lawyers advise on wealth management acquisition

Leading lawyers at Walker Morris have advised one of the UK’s leading providers of pension consultancy and wealth management services, Mattioli Woods plc, on its acquisition of Hurley Partners in a deal worth up to £25.6m.

Founded in 2013, private client adviser and asset manager, Hurley Partners is an established wealth management business providing bespoke and holistic financial advice to over 300 client family groups and enjoys a strong regional presence through its three offices in London, Surrey and Manchester.

The company has around £600m of client assets and has expertise in the area of member-directed pension schemes such as small self-administered schemes (Ssas) and self-invested personal pensions (Sipps).

Much like Mattioli Woods, Hurley Partners offers legacy planning and investment management services, which, Mattioli said, had made it an attractive acquisition.

Walker Morris fielded a multi-disciplinary team to advise Mattioli Woods, led by John Hamer and Thomas Mieszkowski (Corporate). They were supported by: Nicola Parkinson (Tax), Andrew Northage and Mark Booth (Regulatory), Alan Harper (Intellectual Property), Lorna Hopps (Employment), Lee Crook (Commercial), Ruth Bamforth (Pensions) and Jocelyn Crockett (Real Estate).

Commenting on the deal John Hamer, Head of Corporate at Walker Morris said:

“Mattioli Woods is a longstanding client of the firm and so we’ve been delighted to work with them on this latest transaction which is positive news for everyone involved.  Hurley Partners is a great fit and will complement Mattioli’s existing business.”

Ian Mattioli, Chief Executive Officer of Mattioli Woods, said:

“This acquisition of Hurley Partners is an important step for Mattioli Woods as we continue to expand our operations and reach.

“Culturally and strategically, Hurley Partners is a great fit, serving a similar client base to our existing business. 

“Hurley Partners has a proven ability to win high quality new business and will enhance our existing specialist pension and discretionary management propositions. I believe this transaction will strengthen our position in a market that is continuing to consolidate.”

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