Financial services firm expands with major acquisition
By Matt Hall | 2nd July 2019
A Gloucester-based financial services group has announced the expansion of its business operations through a recent acquisition.
Brunsdon Financial has recently acquired the employee benefits division of investment management company Brooks Macdonald, who have offices throughout the UK.
From its Goodridge House HQ, Brunsdon Financial has been expanding its UK coverage, opening a central London office as well as developing a significant presence in Leeds, Bristol and Wales.
The business has said that the development signals a major expansion in Brunsdon's business operations and follows hot on the heels of a recent corporate rebrand and strategic market re-positioning.
Sebastian Merritt, operations director at Brunsdon Financial said: "This acquisition underpins our business development goals and will add numerous corporate clients to our already substantial client base.
"We have been keen to improve our representation in London and the South East and this has provided us with the perfect opportunity to consolidate our presence in the capital as well as improving our ability to more effectively service our corporate clients in the North and West.
"Through the acquisition process, we have been able to bring on board highly skilled, experienced and qualified Client Relationship Managers and Administrators, adding additional strength and capacity to our existing employee benefits team."
Managing director Marcus Gomery said: "This is a really exciting time for Brunsdon Financial. With the new acquisition, bringing new clients on board, coupled with our rebranding project, we intend to demonstrate our ongoing commitment to our clients old and new, our commitment to the marketplace, and the high quality of our service."
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