BDO has provided financial and tax due diligence services on the acquisition of Cardale Asset Management by Titan Wealth Services Limited.
Cardale, which was founded in 2003, is an investment management business which provides portfolio management, stockbroking and financial planning services to private clients. Titan Wealth launched in June 2021 with the acquisition of two investment and wealth management businesses – GPP and Tavistock Wealth Limited. The acquisition of Cardale is anticipated to double Titan Wealth’s revenues and will also support its continued growth towards meeting its target of £20-30bn in AUM within four years of launch.
"BDO has now supported us on a number of acquisitions, providing financial / tax due diligence and SPA support services. We continue to be impressed by their joined up and pragmatic approach, assisting us in completing transactions efficiently. The team is enjoyable to work with and provides insightful analysis and conclusions to assist in resolving matters identified during due diligence. We look forward to working with BDO on future transactions and would have no hesitation in recommending them as advisors."
Ken Coveney, Chief Financial Officer, Titan Wealth Holdings Group