D.J .Cooke (Life & Pensions) is based in South Yorkshire and specialised in retirement and investment planning.
D.J .Cooke (Life & Pensions) had approximately 340 clients with around £70m of assets under advice. Kingswood Holdings is an AIM listed wealth and investment management group with offices around England including a pre-existing presence in Yorkshire into which the business will integrate.
Michael Currie, dual qualified corporate partner based in Glasgow, and Ruhel Ullah, solicitor, both with Aberdein Considine, were the legal advisers to DJ Cooke on the deal which completed on 18th February.
Commenting on the deal David Cooke, CEO of D.J .Cooke (Life & Pensions) said:
"I’d like to thank Michael and Ruhel at Aberdein Considine for their legal advice and commerciality throughout the sale process of our financial planning business, and we appreciated their team approach and expertise in the wealth and planning sector.”
“I am very excited to join Kingswood. I feel they share my values, will provide excellent client service and equally importantly will offer continuity for my colleagues and clients."
Michael Currie added:
“Our focus with D.J. Cooke was very much on ensuring the transaction was as smooth as possible and it was a pleasure for us to be working with David to help complete the deal. This transaction builds on our expertise in the financial services M&A sector, following on from recent transactions over the last few years.”