Fintel Group Limited, a prominent player in financial services technology, has successfully acquired Threesixty Services LLP from Abrdn plc in a notable £14.6 million deal. This acquisition marks a significant expansion for Fintel into the financial advisory sector, augmenting its service portfolio with Threesixty’s expertise in compliance and technology solutions for financial advisers.
Threesixty Services LLP, known for its comprehensive support services tailored for financial advisers across the UK, brings a robust suite of compliance, technology, and business support solutions to Fintel. This acquisition aligns with Fintel’s strategy to broaden its service offerings and strengthen its foothold in the competitive financial services market.
The transaction underscores Fintel’s commitment to growth through strategic acquisitions, leveraging synergies to enhance operational capabilities and client service delivery. By integrating Threesixty’s capabilities into its existing framework, Fintel aims to provide enhanced value and support to financial advisers navigating regulatory complexities and technological advancements.
Founded in 2003, Threesixty has established itself as a trusted partner for financial advisory firms seeking efficient compliance solutions and innovative technology platforms. Its integration into Fintel’s ecosystem is expected to foster innovation and operational efficiencies, further solidifying Fintel’s position as a leading provider of technology-driven solutions in the financial services industry.
The completion of the £14.6 million acquisition highlights Fintel’s proactive approach to expanding its market presence and offering comprehensive solutions that empower financial advisers to thrive in a rapidly evolving regulatory landscape.