Slaughter and May is advising Inflexion on its investment in Absolute Financial Group Limited

Slaughter and May is advising funds advised by Inflexion Private Equity Partners (“Inflexion”) on their proposed £100m committed investment in Absolute Financial Group Limited (“Absolute”), a new independent financial advice consolidator. Inflexion is investing alongside Tatton Asset Management plc and its CEO and Founder, Paul Hogarth, who will chair the newly established vehicle created to support the ongoing consolidation of independent FAs and with plans to build one of the UK’s leading independent financial planning businesses. Absolute executed the acquisition of its first target, Absolute Financial Management, a firm with £1.1bn of assets under advice. The transaction is subject to FCA approval.