Mattioli Woods plc to acquire Birmingham-based Maven Capital Partners

Published by

Nicky Godding

Maven Capital Partners is being sold to wealth management company Mattioli Woods plc

Mattioli Woods is one of the UK’s leading providers of specialist wealth management and financial planning services, with total assets under management, administration and advice in excess of £11 billion, employing more than 600 people at eleven locations across the UK.

The proposed acquisition of Maven, which has bases in Birmingham and Bristol, is expected to happen within weeks. By bringing together Mattioli Woods’ operations with Maven, Mattioli Woods intends to expand upon its existing investment offerings such as its Private Investors Club and Custodian REIT. This new partnership will also enhance Maven’s ability to source additional SME capital through the wider network and capability of the enlarged Group.

Maven is one of the UK's leading private equity and property managers, providing funding to growth focused businesses, and attractive investment opportunities in alternative assets.

The transaction to acquire Maven will represent Mattioli Woods’ largest acquisition to date and provides the Group with scope to further expand and diversify into new and complementary markets. Maven will operate as a subsidiary of the Group, retaining its brand presence and executive team across the UK regions.

Bill Nixon, Managing Partner at Maven said: "Today marks an important step in the continued evolution and growth of the Maven business. Since being established in 2009, Maven has grown year on year, developed innovative new products and income lines, and has become one of the UK’s most active and dynamic alternative asset managers, supporting more than 400 companies over that period.

"Over the past 12 years we have grown from 22 people to a headcount of almost 100 colleagues, and now have a presence in key cities across the UK."

Ian Mattioli MBE, Chief Executive Officer of Mattioli Woods, added: "This deal marks a significant milestone in Mattioli Woods’ journey. We have a strong track record of combining like-minded businesses that share the same culture and ethos of putting clients first. The team at Maven share our passion for delivering exceptional client outcomes and going the extra mile.

Throughout our discussions with Bill Nixon at Maven, it has been apparent that we share a desire to continue growing the enlarged Group, further enhancing our client proposition and delivering sustainable shareholder returns. I believe we are better-positioned than ever to provide our clients with the proactive advice and bespoke investment solutions they require.”

Nicky Godding

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe. After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts. She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.