Fintel Completes Acquisition of Threesixty Services Limited

Fintel, a leading provider of financial services, has announced the completion of its conditional acquisition of Threesixty Services Limited. This move marks a significant milestone in Fintel’s growth strategy, as it expands its portfolio of services to independent financial adviser (IFA) and wealth manager firms.

Fintel’s acquisition of Threesixty Services Limited

Threesixty, which is part of abrdn plc, provides compliance and business support services to over 900 IFA and wealth manager firms. The acquisition is expected to strengthen Fintel’s position in the market, enabling it to offer a more comprehensive range of services to its clients.

In a statement, Neil Stevens, joint CEO of Fintel, said: “We believe that Fintel is the natural home for the threesixty team and clients. We have been committed to supporting professional advice firms for over 20 years, and our group aims to operate the strongest independent brands and most prestigious services, software and data offerings in the market.”

The acquisition is seen as a strategic move by Fintel to expand its presence in the financial services sector. With the addition of Threesixty’s services, Fintel is well-positioned to provide a more comprehensive range of solutions to its clients, enabling them to navigate the complex regulatory landscape.

The acquisition is expected to strengthen Fintel’s position in the financial services market

The deal is expected to have a positive impact on the industry, as it brings together two leading players in the financial services sector. The combined entity will have a stronger presence in the market, enabling it to provide more innovative and effective solutions to its clients.

In conclusion, the acquisition of Threesixty Services Limited by Fintel is a significant development in the financial services sector. The deal is expected to have a positive impact on the industry, as it brings together two leading players in the market. With the addition of Threesixty’s services, Fintel is well-positioned to provide a more comprehensive range of solutions to its clients, enabling them to navigate the complex regulatory landscape.