TEAM plc, the financial services group, has completed the acquisitions of both Concentric Group Limited and Omega Financial Services Limited within one week.
On Monday 1st August, completion of the Omega acquisition and on Monday 8th August, completion of the Concentric transaction following approval for both from the Jersey Financial Services Commission.
Concentric is a Jersey based financial planning and investment consultancy business, delivering investment performance and analysis for high-net worth individuals and institutional investors both in Jersey, and internationally. The acquisition was first announced in May 2022.
TEAM plc (LON:TEAM) is building a new wealth, asset management and complementary financial services group. With a focus on the UK, Crown Dependencies and International Finance Centres, the strategy is to build local businesses of scale around TEAM’s core skill of providing investment management services.