24th October 2024
Titan Wealth is expanding strategically by acquiring Ravenscroft Investments Limited, a wealth management firm based in the Channel Islands. Pending regulatory approval, this acquisition will increase Titan Wealth's total assets under management (AUM) to £27.2bn, a significant milestone in its expansion strategy.
Ravenscroft, which will be rebranded as Titan Wealth International in 2025, offers a range of services, including discretionary investment management and advisory services, with operations in Guernsey and Jersey. This acquisition will complement Titan Wealth's UK platform services, strengthening its offshore capabilities and solidifying its position as a major player in international wealth management.
Andrew Fearon, Titan Wealth's joint group CEO and head of M&A, emphasised the importance of this acquisition: "This acquisition enhances our ability to provide a comprehensive client-to-custody solution, offering a seamless experience for clients and advisers in multiple international jurisdictions."
This move comes after Titan acquires AHR, a Dubai-based company, and highlights its expanding international presence, which now includes investment management services in Ireland and the Channel Islands and advisory capabilities across the UAE and Europe.
Ravenscroft will serve as the focal point for Titan Wealth's international expansion. Managing Director Robin Newbould expresses confidence in the integration: "Titan Wealth's vision aligns with our commitment to client relationships and team expertise, making this an exciting step for Ravenscroft's future."
At Chapters Capital, we specialise in financial planning and wealth management M&A. If you are considering a sale or exploring expansion opportunities, contact one of our experienced associates today for a confidential, no-obligation consultation.