One Four Nine Group Expands Midlands Presence with Castlegate Capital Acquisition
- Simon Bourke
- Nov 6, 2024
- 2 min read
Updated: Nov 14, 2024
6th November 2024
One Four Nine Group, a prominent independent financial advice and investment management firm, has expanded its footprint in the Midlands by acquiring Nottingham-based Castlegate Capital. Founded in 2016, Castlegate Capital serves private and corporate clients nationwide. It brings chartered financial planning expertise and approximately £170m in assets under management to the One Four Nine Group. The Group's tenth acquisition signals its continued momentum and growth strategy in the UK advice market.
This deal follows a period of focused integration across One Four Nine Group’s previous acquisitions, culminating in the launch of One Four Nine Wealth, a unified brand that delivers a consistent and high-quality client experience nationwide. With both One Four Nine Wealth and One Four Nine Portfolio Management under its umbrella, the Group is establishing itself as a leading UK wealth planning firm with in-house Discretionary Investment Management (DIM) capabilities. Following the acquisition, Castlegate Capital will rebrand to One Four Nine Wealth, boosting the Group's client base to over 5,000 households and assets under management to more than £1.6bn.
CEO Gabrielle Beaumont expressed enthusiasm for the deal, noting, “Our investment in integration and client services over the past year has positioned us well to attract top firms. Castlegate Capital shares our commitment to forward-thinking financial planning and a client-focused approach, making them a natural fit for One Four Nine Group.”
Corporate Development Director Sanjay Lukka echoed this sentiment: "The acquisition of Castlegate Capital is vital in expanding our presence in the Midlands and aligning with partners who prioritise client value.”
At Chapters Capital, we specialise in financial planning and wealth management M&A, helping firms navigate strategic acquisitions and growth. Contact us today for a confidential, no-obligation consultation about how we can support your plans.
