Consolidator Progeny is set to acquire Chartered financial planning firm RU Group.
The deal, subject to FCA approval, will increase Progeny’s assets under management to over £3 billion.
It will also allow the business to expand its presence in South Yorkshire and the East Midlands.
RU Group is a wealth management and retirement specialist, with a team of 48 employees based across three offices in Nottingham, Derby and Sheffield.
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