MULTI-disciplinary professional services firm Progeny has announced plans to acquire Chartered financial advice firm Carbon Financial Partners.
The deal will add £600m to Progeny’s assets under management.
Carbon Financial Partners is a firm of Chartered financial planners, with a team of 45 staff across offices in Edinburgh, Glasgow, Aberdeen and Perth.
The company offers a personal service to clients with complex financial needs, business leaders and those approaching important life transitions.
Gordon Wilson, Managing Director, Carbon Financial Partners, said: “Progeny share our investment philosophy and our values.
“It was critical for the team that we found the right fit for our clients and we have achieved that. Combining with Progeny will help us to take our service and advice offering to new levels.”
Progeny CEO, Neil Moles, said: “We are highly purposeful in our approach to selecting the businesses we bring into Progeny.
“We apply a set of strict criteria, with a laser focus on high quality firms that add a great deal of value.
“Welcoming Carbon Financial Partners to Progeny will enable us to consolidate and strengthen our existing presence in Scotland and I look forward to what we can achieve together for our clients,” Neil added.
Progeny is a B Corp Certified firm and brings together Chartered financial planning, asset management, tax, HR and private and corporate legal services.
