Brooks Macdonald Group, a UK based wealth management group, have signed an option to acquire Levitas Investment Management Services.
As of November 2013, Levitas had assets under management (AuM) of £60.52 million. Projections have forecast a rise in AuM to £150 million by June next year and £250 million by June 2015.
Chief Executive of Brooks Macdonald, Chris Macdonald, said: "We are very excited about the opportunity of working with Levitas. We already have the privilege of managing these funds and we believe that the potential for growth in the future is significant."
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData