Attivo Group, headquarted in Cheltenham which includes Attivo Financial Services and Attivo Financial Planning, has completed its first acquisitions since it deferred £80 million of funding during Coronavirus.
The company said: “We are pleased to confirm the start of a planned period of growth at Attivo Group, with the completion of our first two acquisitions.”
Attivo has bought London-based IFA Paratus Financial Planning, which will be joining its financial planning arm, Attivo Financial Planning.
Surrey-based IFA Sovereign Asset Management will continue as an appointed representative of Attivo Financial Services.
According to a report on the financial website FT Adviser: Attivo Chief Executive Stephen Harper said the company’s acquisition plans were now “back on track, with deals lined up before Christmas and more scheduled next year.”
Stephen said Attivo had used the lockdown as an opportunity to update its technology and back office systems, which he said had improved the “efficiencies of the business, streamlined processes and improved quality”.