With J.C. Flowers’ backing, the aim of the group is to build a significant national financial advice business serving more than 50,000 clients in the UK.

As part of this growth strategy, Solomon has already agreed, subject to regulatory approval, to acquire UK-based financial planning firm Beaufort Group, with more acquisitions in the pipeline.

The Macfarlanes team for this matter was led by corporate and M&A partner Justin Hope alongside associate Natasha Sellayah.