Partner with Verso >  Partnering through Acquisitions

Selling for a new beginning

Our uniquely placed team has experienced all aspects of IFA acquisition and our people will lead you through the process with care and diligence.

How we approach acquisitions

We believe in a flexible approach to acquisitions and what you want to achieve. Understanding your goals is our starting point as we take you through a step-by-step acquisition process with inbuilt flexibility for each business we work with. Offering opportunities for retiring owners, incentives for continuing practitioners – or a mix, can all be catered for.

For our acquisitions to be successful we believe in a strong business fit, shared ethics and a group culture based on our core values.

Read our core values

The process with our team

Step 1

Key drivers for sale

Understanding your business and what’s important to you as you consider a sale.

Sharing the Verso vision and aligning values.

Step 2

Basis for acquisition

Discuss and agree a basis for acquisition.

What happens post-completion and what continued involvement you may wish in the business or otherwise.

Start to gather financial information on the business.

Step 3

Deal structure

Discuss deal structure and acquisition price value.

Develop and agree Heads of Terms.

The process to completion.

Step 4

Due diligence

Commence due diligence working towards a change of control application, regulatory, financial, legal and tax.

Step 5

Path to completion

Prepare for completion.

Outstanding due diligence.

Communications and disclosure.

Integration discovery and planning.

Step 1

Key drivers for sale

Understanding your business and what’s important to you as you consider a sale.

Sharing the Verso vision and aligning values.

Step 2

Basis for acquisition

Discuss and agree a basis for acquisition.

What happens post-completion and what continued involvement you may wish in the business or otherwise.

Start to gather financial information on the business.

Step 3

Deal structure

Discuss deal structure and acquisition price value.

Develop and agree Heads of Terms.

The process to completion.

Step 4

Due diligence

Commence due diligence working towards a change of control application, regulatory, financial, legal and tax.

Step 5

Path to completion

Prepare for completion.

Outstanding due diligence.

Communications and disclosure.

Integration discovery and planning.

A typical timeline for acquisition is four to six months, depending on the FCA change of control.

Meet our team

When you sell to Verso

From our founders’ roots at The Cavanagh group complemented with a team of industry experts, we firmly believe we are the stand-out proposition for IFA consolidation in the UK. You can leverage the vast experience our leadership team has of owning, running and growing businesses.

We understand you may have questions and concerns about the future, but with a collaborative approach we trust you will feel secure and excited about what’s next as you become part of our group.

Learn more about our team

Hear from the firms who sold to us

Stewart Thomson, Campbell Thomson

We are delighted to be joining Andrew and the team at Verso as the Verso model overcomes many of the challenges and inefficiencies in our market. We will be able to relinquish our day-to-day regulatory and operational hurdles and focus on what we do best – providing our clients with the very best advice available. We view our partnership with Verso as a key part of our future growth strategy.

Andrew Mann, CDC Wealth Management

We are delighted to be joining Andrew and the team at Verso. It is the natural evolution for our firm – we gain additional resources and enhanced technology. Pairing our expertise with Verso’s automated advice capability and straight-through-processing engine, we will be able to serve our existing clients better and importantly, broaden the types of clients we are able to serve.

Vince Whitefoord, Whitefoord Wealth Management:

Partnering with Verso is an obvious choice for us and the natural evolution for our firm. We have always embraced the latest technology and recently launched our digital communication portal. The digital advice platform provided by Verso will enable us to leapfrog to the next generation of digital infrastructure. Our clients greatly value our personal service and that will remain unchanged but a wholly automated advice and investment option will allow us to help their families and open up our expertise to a far wider audience. Verso’s scale and technology will deliver significant administrative cost efficiencies and regulatory upside.

Quentin McCormick, Pavis Chartered Financial Planners

We are delighted to be partnering with Verso as its model overcomes many of the challenges and inefficiencies in our market. We will be able to relinquish our day-to-day regulatory and operational hurdles and focus on what we do best – providing our clients with the very best advice available. Our client-centric business model, with its focus on true financial planning and exceptional value for money, is attractive both to customers and advisers alike. We are already beginning to see further recruitment and acquisition opportunities and view our partnership with Verso as a key part of our growth strategy.