Team Closes Acquisition of Financial Planning and Investment Consultancy Business.

MANews-(C)2009-2022

Jersey-based wealth, asset management and complementary financial services group Team plc (LSE: TEAM) has closed the acquisition of the entire issued share capital of Jersey based financial planning and investment consultancy business Concentric Group Ltd, the group said.

The acquisition was first announced in May 2022.

Concentric is a Jersey based financial planning and investment consultancy business, delivering market-leading investment performance and analysis for high-net worth individuals and institutional investors both in Jersey, and internationally.

Team is building a new wealth, asset management and complementary financial services group.

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