Innes Reid / Alinea advises founder Mark Reidford on the successful sale of Innes Reid to Titan Wealth
Alinea advises founder Mark Reidford on the successful sale of Innes Reid to Titan Wealth
Alinea has advised Mark Reidford, founder and managing director of Innes Reid Investments Limited, on the successful sale of the business to Titan Wealth, one of the UK’s leading and fastest-growing wealth management groups.
“Selling a business you have built over 25 years is one of the biggest decisions you will ever make. Before you go through a process like this, you think you understand what an adviser does – but the reality is so much more than you anticipate. The level of engagement, responsiveness and attention to detail from Oliver and the team was quite remarkable, and I genuinely don’t know how I would have navigated this without them.”
Mark Reidford, Founder and Managing Director, Innes Reid
About Innes Reid Investments
Founded in 1999 and headquartered in Chester, Innes Reid Investments has built a strong reputation as a fully independent financial planning business. Under Mark Reidford’s leadership, the firm has grown to manage over £590 million of assets under advice, serving more than 2,500 clients. Innes Reid’s team of ten highly qualified advisers, with over 150 years of combined industry experience, provides bespoke, relationship-driven financial planning to a diverse client base, including high net worth individuals, business owners and retirees.
The firm’s core services encompass investment portfolio management, retirement and pension planning, inheritance tax and estate planning, and protection solutions – all tailored to individual client objectives. Innes Reid’s commitment to impartial, whole-of-market advice and long-term client relationships has been central to its growth and enduring standing in the North West.
The transaction
The acquisition sees Innes Reid Investments become part of Titan Wealth, a London-headquartered, private equity-backed wealth and financial planning group, which manages in excess of £38 billion of assets under advice and management across the UK and internationally. The transaction adds £590 million of assets under advice to Titan’s platform and further strengthens the group’s growing presence in North West England.
Andrew Fearon, Joint Group CEO and Head of M&A at Titan Wealth, commented that the firm was excited to welcome the Innes Reid team and looked forward to strengthening its financial planning advice in Chester and the surrounding area. The acquisition was described as boosting Titan’s regional footprint and its ability to deliver locally based relationships for clients.
Mark Reidford noted that the transaction represents a positive step in securing the long-term sustainability of Innes Reid, allowing the firm to enhance the support, resources and infrastructure behind its advice whilst continuing to deliver positive client outcomes.
Alinea’s role
Alinea acted as exclusive corporate finance adviser to Mark Reidford throughout the transaction, providing strategic advice on positioning, buyer identification, deal structuring and negotiation. The Alinea team worked closely with Mark at every stage of the process to ensure the transaction delivered the right outcome for the business, its clients and its team.
Alongside Alinea, Jamie Hawley - Partner at Aaron & Partners provided legal advice to Mark.