May 27, 2021
Mattioli Woods acquires Maven Capital Partners, a UK private equity and alternative asset manager.
Maven offers investment opportunities in VCTs, private equity and property. It is an owner-led business with 12 partners and a regionally based team of over 90 investment executives and support professionals. Maven has 10 offices across the UK.
Ian Mattioli MBE, Chief Executive Officer of Mattioli Woods, said: “This acquisition marks significant milestones in Mattioli Woods’ journey. Since our admission to AIM in 2005 we have seen significant expansion in both the size and nature of our business, responsibly integrating asset management, financial planning and employee benefit services to serve personal and corporate clients throughout the UK. The acquisition of Maven represents meaningful progress towards our ambitious medium-term goals. 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. These transactions represent a complementary extension of the Group’s existing investment proposition and add to our distribution capacity, allowing us to continue developing our product offering, accelerate organic growth and realise both revenue and cost synergies. I believe we are better-positioned than ever to provide our clients with the proactive advice and bespoke investment solutions they require.”
Bill Nixon, Managing Partner of Maven Capital Partners, added: “Today marks an important step in the continued evolution and growth of the Maven business. Since inception in 2009, Maven has consistently grown its AUM, developing a portfolio of SME products for a wide range of valued private and public sector clients. Our people have been critical to that success and finding the right partner who understands our business and can help our team deliver the next stage of growth has therefore been a key objective for myself and the other Maven partners. Both businesses have admired the progress achieved by the other over the past decade, and culturally this acquisition represents an excellent fit. It’s very much business as usual, but this exciting partnership will deliver enhanced opportunities and new product potential which will benefit both businesses and our respective clients.”