Richard Skerritt, the founder of Skerritts
A Hove-based financial planning business is the latest advisory firm to attract major backing from a private equity firm.
Sovereign Capital Partners, which describes itself as a UK “buy & build specialist”, has invested £55 million into Skerritts, a South Coast IFA founded in 1990 by Richard Skerritt.
Sovereign said it was partnering with Mr Skerritt and his management team ...