The financial terms of the deals were not disclosed.

Wealth management firm Succession Group, which is headquartered in Plymouth, has completed two acquisitions, using its new fast-track acquisition process to buy Edinburgh and Glasgow-based Accountants Financial Services (Scotland) and Manchester and Stratford-on-Avon-based H&L Financial Limited, the holding company for Inspire Wealth Management.

Both businesses specialise in financial planning and began working with Succession earlier this year with a vision for a quick acquisition and integration, Succession said in a statement.

The deals add over £400 million ($524 million) funds under management to Succession Group.

The financial terms of the deals were not disclosed.

 “Our proven reputation for successfully transitioning IFA firms, optimising their capital value and helping them become sale-ready has evolved into an accelerated acquisition process for the right businesses and appeals to firms who are already operating at an optimal level and share our values, vision and passion for wealth planning,” Paul Morrish, Succession’s Corporate Director, said on the deals. “Our robust funding model allows us to buy firms with greater speed and certainty, meaning that acquired firms are well-supported to achieve rapid and efficient integration.  Our approach is based on a true meeting of minds, and our acquisitions allow us to support the successful, profitable organic growth of Succession as a whole.”

Succession Group was advised on the acquisitions by law firm Michelmores.

This publication reported in August that Succession had acquired four businesses from its affiliated membership for a total of £20.6 million.