Westerby Group Expands Regional Presence with Acquisition of Manchester-based Redswan
- Chapters Capital
- 1 day ago
- 1 min read
14th April 2025
Westerby Group is continuing its regional growth by acquiring Redswan, a pension and advice specialist based in Manchester. This acquisition increases the group’s total assets under trusteeship, administration, and financial advice to over £1.66bn.
The deal includes Redswan's IFA division and two pension trustee businesses specialising in Self-Invested Personal Pensions (SIPPs) and Small Self-Administered Schemes (SSASs). This strategic move establishes a presence in Manchester, complementing Westerby’s existing locations in Leicester and Weymouth. The acquisition also expands Westerby’s client base to approximately 5,000 clients nationwide.
This acquisition comes on the heels of Westerby’s recent transition to an Employee Ownership Trust earlier this month. Founder and chairman Les McLintic transferred ownership to the employees, marking a significant decision that underscores the group's commitment to sustainable growth, employee engagement, and long-term client relationships.
Mark Andrews, managing director of Redswan, emphasised the importance of continuity and client care, stating, “Integrating Redswan into Westerby will ensure our clients experience seamless continuity in service, supported by our familiar Manchester-based team.”
Westerby Group’s strategic approach reflects a broader trend in the advice sector, combining regional expansion with innovative governance structures, such as employee ownership, to foster sustainable and client-focused businesses.
At Chapters Capital, we specialise in financial planning and wealth management M&A and understand the importance of strategic acquisitions for growth. Whether you are considering a sale, merger, or expansion or want to learn more about buyers in the space, including the Westerby Group, contact one of our professional associates today for a confidential, no-obligation consultation.