Towergate raises £100m for latest acquisition spree
Towergate Financial today announces that it has raised over £100m to pursue its plans to acquire regional Independent Financial Advisers. Funding for the deal has largely been provided by The Royal Bank of Scotland, Lloyds TSB Corporate Markets and Towergate management.
Chaired by Patrick Snowball, the business - Towergate Financial - the business claims it will provide customers with ongoing advice from high quality advisers who will be supported by market leading
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