More change in HNW sector as RK Harrison acquires fellow broker
RK Harrison Group has had a bid to buy high net worth specialist Mercury West Associates (MWA) accepted.
Heads of agreement have been signed and due diligence is at an advanced stage. The deal is expected to complete this month, subject to final regulatory approval.
Under the proposed terms of the acquisition Mercury West Associates’ managing director Katie Small will maintain management responsibility for the development of MWA and will also join the management team of R K Harrison Insurance Services, the UK retail arm of the R K Harrison Group.
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