Clearwater International advises Beech Tree backed Advanta Wealth on raising acquisition debt facilities to support growth

Clearwater International has advised Beech Tree Private Equity (Beech Tree) backed Advanta Wealth, a wealth management business providing holistic financial planning services, on raising acquisition debt facilities to support its continued growth strategy.

Established in 2012 and with headquarters in London and Glasgow, Advanta Wealth is a leading provider of independent financial advice and investment management services, providing clients with support during critical stages in their life such as retirement planning and investments, estate planning, and wealth distribution.

Advanta Wealth is at the centre of Advanta Solutions which is a fast-growing, multi-faceted wealth management and complementary services group. Advanta Solutions currently employs c.60 people and consistently delivers market leading organic growth rates, with c.40% of revenues each year generated from new business, as a result of a highly satisfied customer base and strong service levels. The business has grown the assets which it manages on behalf of customers from less than €234m (£200m) only three years ago to more than €584m (£500m) today.

Following Advanta Solutions’ investment from Beech Tree in December 2020, the business has raised additional debt facilities to pursue its acquisition strategy. This will allow it to further consolidate its strong position in the market and support its buy and build strategy. Clearwater International raised acquisition facilities from NatWest.