Radiant Financial Group Expands with Seven Bridges Acquisition

Deal News | Feb 18, 2025 | Apiary Capital

Radiant Financial Group Expands with Seven Bridges Acquisition

Radiant Financial Group, backed by private equity firm Apiary Capital, has acquired Seven Bridges, an independent financial advisor headquartered in Newcastle. This acquisition is the ninth since November 2020 and extends Radiant's reach across Northern England. Radiant has expanded both organically and through strategic acquisitions, including CBK, a Swansea-based IFA acquired in August 2024. The group now operates with 143 team members from ten offices throughout the UK, managing assets worth 1.8 billion. The CEO of Radiant, Simon Cogman-Hellier, expressed enthusiasm for the acquisition, highlighting the expertise and talent that Seven Bridges brings to the group.

Sectors

  • Financial Services

Geography

  • United Kingdom – The acquisition involves companies operating within the UK, specifically mentioning Newcastle and Swansea, highlighting a focus on Northern England.

Industry

  • Financial Services – The article focuses on the acquisition activities within the financial advisory sector, specifically involving independent financial advisors.

Financials

  • 1.8 billion – Assets under advice that Radiant Financial Group manages.

Participants

NameRoleTypeDescription
Radiant Financial GroupBidding CompanyCompanyA wealth management consolidator actively expanding its operations through acquisitions.
Apiary CapitalPrivate Equity FirmCompanyThe private equity firm backing Radiant Financial Group’s expansion strategy.
Seven BridgesTarget CompanyCompanyAn independent financial advisor firm headquartered in Newcastle, recently acquired by Radiant.
Simon Cogman-HellierCEO of Radiant Financial GroupPersonCEO of Radiant, involved in welcoming Seven Bridges into the group.