Brighton-based independent financial advisers Skerritts has acquired Kent-based financial planning firm Equinox Wealth.

The deal is expected to add £62 million to the firm’s asset under management (AUM).

It aims to extend Skerritts’ presence in Kent, as it looks to continue to grow across the South Coast of England.

This is the firm’s fifth acquisition since it became backed by private equity buy and build specialists Sovereign Capital Partners...