One Four Nine Group reaches £1 billion milestone with sixth acquisition
- One Four Nine Group, the independent financial advice and fund management firm has acquired Nottingham based business HFL Financial Advisers Ltd
- Transaction is the Group’s sixth acquisition since launching in October 2021, boosting client assets to more than £1 billion
- Acquisition expands group’s UK footprint into the East Midlands
The nationwide independent financial advice and fund management firm One Four Nine Group has concluded its sixth acquisition with the purchase of Nottingham based HFL Financial Advisers Ltd. The purchase, completed less than one year since One Four Nine’s inception, means the Group now has 80 team members managing over £1 billion assets on behalf of 3,000 clients across the UK.
HFL Financial Advisers Ltd (HFL) was established in 2013 by Peter Haigh, Peter Frogson and Nic Lewis, who collectively boast more than 100 years of experience in financial services. The team have spent almost a decade building their client base across the East Midlands offering advice on pensions, investments, mortgages and financial protection.
Matthew Bugden, Chief Executive Officer, commented: “I have personally known the senior team at HFL for many years, therefore it is incredibly rewarding to be able to welcome them to the One Four Nine family and bring their considerable expertise to our team. Having a firm of HFL’s quality choose One Four Nine as their home is an excellent endorsement of our leadership team, company values and culture – a collaborative environment where financial advisers and their teams are supported with market leading technology and infrastructure.”
Gabrielle Beaumont, Managing Director, commented: “The acquisition of HFL marks a significant moment in the evolution of One Four Nine – coming within one year of the Group’s launch and brings us to a milestone £1 billion of client assets – a target our team has worked exceptionally hard to achieve.
“With an expanding team across Scotland, the East Midlands, the North and the South-East, we have carefully grown our senior leadership capability and built the foundation needed to integrate new and existing team members, creating a sense of unified purpose and brand identity. With all that has been achieved in our first year, and further quality adviser firms to bring into the One Four Nine fold, we are hugely excited about what our second year will bring.”
One Four Nine is also delighted to announce it has entered a long-term financing arrangement with Cordet Capital Partners to support the Group on its growth journey. This financing, together with the support of its equity partner Copper Street Capital, ensures One Four Nine is in a strong position to avail of further acquisition opportunities.