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Unquote
  • Buyouts

Apiary invests in Radiant

  • Katharine Hidalgo
  • Katharine Hidalgo
  • 09 November 2020
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Apiary Capital has invested in financial adviser Radiant Financial Group and acquired CWB.

The firm is currently investing from its Apiary Capital Partners I fund, which closed on £200m in 2018.

Radiant also simultaneously acquired CWB, which specialises in financial advice, tax planning, employee benefits and business consultancy services.

Radiant Financial Group

  • DEAL:

    Buyout

  • LOCATION:

    Harborough

  • SECTOR:

    Investment services

  • FOUNDED:

    2020

Radiant's management team will be led by Peter Mann as chairman and Simon Cogman-Hellier, CEO. Mann was previously vice-chairman of Old Mutual and CEO of Skandia, while Cogman-Hellier has worked with companies including Marsh & McLennan, KPMG, Oval and Bluefin. 

The company will follow a continued buy-and-build strategy.

Company
Radiant Financial Group is a consolidator of independent financial advisers. The group currently comprises CWB, PPS & ReSource Mortgages. Based in Harborough, it was founded in 2020.

People
Apiary Capital
– Jeniv Shah (partner).

Advisers
Equity – Dyer Baade & Company (corporate finance); Proskauer Rose (legal).
Company – IMAS Corporate Finance (corporate finance).

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