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Wren Sterling acquires City Financial for £700m

Jun 25, 2025•21 days ago

Acquiring Company

Wren Sterling

Acquired Company

City Financial

NottinghamInvernessFintechFinanceFinanceFinancial Services

Description

Wren Sterling has completed a £700m acquisition of Scottish advice firm City Financial. The deal includes adding 6,000 clients and 19 advisers to Wren Sterling's operations. City Financial's directors will join Wren Sterling post-acquisition. This move enhances Wren Sterling's asset management capabilities.

Company Information

Company

Wren Sterling

Location

Nottingham, England, United Kingdom

About

Wren Sterling is a nationwide independent financial planning business with multiple offices across the UK. Wren Sterling specialises in all aspects of savings, investments, retirement planning, and financial advice for businesses. Our purpose is to help create a better life for our clients and their families, now and for generations to come. We do this by making the complex simple, developing bespoke financial plans, and establishing long-term relationships that give our clients clarity, confidence and control.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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