Harwood wealth takeover completes

News Team, 10/03/2020

The takeover of Harwood Wealth Management by private equity firm Bidco has been completed.

The buyout, approved last week by the FCA, involves Bidco (Hurst Point Topco) paying £90.7 million for the wealth manager. Bidco is controlled by funds managed through PE giant Carlyle. 

Admission to trading of Harwood Shares on AIM was cancelled with effect from 7.00 a.m today (10 March 2020).

Hampshire-headquartered Harwood was created in 2016 when Compass W...

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