Heartwood Wealth Group
Stage
Acquired | AcquiredAbout Heartwood Wealth Group
Heartwood Wealth Group provides wealth and investment management services to private individuals, charities and Financial Advisers. In May 2013, Heartwood Wealth Group was acquired by Handelsbanken. The valuation of Heartwood Wealth Group was undisclosed. Other terms of the deal were not released.
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Latest Heartwood Wealth Group News
May 31, 2013
May 24, 2013 05:14 AM Eastern Daylight Time STOCKHOLM--( BUSINESS WIRE )--Regulatory News: On 6 February 2013, Handelsbanken (STO:SHBA) (OSE:SHB) announced that an agreement had been entered into with the British wealth management firm Heartwood Wealth Group Ltd (”Heartwood”) concerning acquisition of shares in the company. Handelsbanken has now received permission from the British financial supervisory authority (Financial Conduct Authority) to acquire Heartwood. This means that all the conditions for the acquisition have been met. Handelsbanken is acquiring all shares in Heartwood, including its wholly owned subsidiary Heartwood Wealth Management Ltd. Initially, the acquisition will have only a marginal impact on the Handelsbanken Group’s key figures. Heartwood has some 90 employees and conducts discretionary management with assets under management of approximately GBP 1.6 billion. Handelsbanken discloses the information provided herein pursuant to the Securities Markets Act. Submitted for publication on 24 May 2013, at 11.00 CET. For more information about Handelsbanken, please go to: www.handelsbanken.com This information was brought to you by Cision http://news.cision.com Contacts
Heartwood Wealth Group Frequently Asked Questions (FAQ)
Where is Heartwood Wealth Group's headquarters?
Heartwood Wealth Group's headquarters is located at 12 Henrietta Street, London.
What is Heartwood Wealth Group's latest funding round?
Heartwood Wealth Group's latest funding round is Acquired.
Who are the investors of Heartwood Wealth Group?
Investors of Heartwood Wealth Group include Handelsbanken.
- Predict emerging trends
- See competitors' playbooks
- Stalk the smart money
- Identify tomorrow's challengers
- Spot growing industries
- Kill analyst data work
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