Acquisition of Chartered Wealth Management by Progeny

Deal typePrivate Equity & Transaction Services
IndustryFinancial Services
Client nameThe Progeny Group Limited
BDO has provided financial and taxation due diligence services to Progeny on the acquisition of Chartered financial advice firm Chartered Wealth Management.

Multi-disciplinary professional services firm, Progeny, has acquired Chartered Wealth Management - a firm of Chartered financial planners with offices in Manchester and London.
The acquisition brings Progeny's assets under management to £9bn.

The BDO project team included:
Rahoel Patel, Dougie, Chris Lightfoot, Brian Wong (Financial due diligence)
Nicoletta Papademetris, James Cameron, Ausaf Khan (Tax)