The Flower Group introduces innovative M&A support for wealth management industry
The Flower Group has introduced a groundbreaking M&A support service tailored specifically for the wealth management industry. Since its inception, this service has had a significant impact by collaborating with eight acquirers and thirty sellers, collectively representing £6 billion in Assets Under Administration (AUA).
This service by The Flower Group aims to streamline and expedite the acquisition process. It offers comprehensive support for sellers, ensuring they are fully equipped to meet the rigorous demands of due diligence. Drawing on more than two decades of M&A experience, the service has proven to reduce transaction timelines by an average of six weeks. This results in quicker and more effective outcomes for both buyers and sellers.
The Flower Group’s team, with their CFO expertise, can not only cut down the time required for due diligence during acquisitions but also ensure that both the seller and acquirer have all the necessary information to facilitate a seamless integration process post-sale. With a profound understanding of the buyer’s inquiries and the seller’s demonstrating requirements, The Flower Group lightens the administrative load, accelerates potential deals towards completion, and promotes business growth.
Gordon Flower, the founder of The Flower Group, stated: “The due diligence process for selling an advice business can be burdensome, but we have the capabilities to streamline this process and shorten the time to completion. We specialize in assisting small firms with a turnover of less than £5m. I identified a clear gap in the market for someone to aid sellers in gathering the required information for acquirers to review.”
Andy Wilkie, Managing Director at The Flower Group, added: “Through working with over 30 sellers, we have developed a thorough understanding of the challenges they face during the due diligence process. Dealing with the vast amount of intricate information required can be overwhelming. Since the launch of this service, we have received an overwhelmingly positive response from sellers who value the services we provide and recognize the importance of professional support at this stage of their business journey.”
The Flower Group foresees an even more active 2025, as there is an increasing demand for its services with more sellers seeking professional guidance during their M&A journey. With plans to onboard additional acquirers and extend support to new sellers, the company is dedicated to helping clients maximize value and achieve smooth transitions. By continuing to simplify and expedite the M&A process, The Flower Group is poised to strengthen its position as a reliable partner for sellers navigating the intricacies of business sales.
