The latest mergers, acquisitions and other corporate actions in the wealth management sector.

Fortes Partners       
Fortes Partners, a multi-disciplinary staffing group backed by Omni Partners LLP, the London-based alternative investment management firm, has acquired staffing specialist DMJ Recruitment.

Founded in 2007, DMJ Recruitment is a London-based independent staffing businesses placing legal professionals and company secretaries in private practice and in-house roles, the firm said in a statement.

Through Omni’s ownership, the business will operate as a brand within Fortes and extend its focus into other adjacent professional services areas, such as technology, accountancy and finance. The move is aimed at strengthening the portfolio of companies within Fortes whilst supporting the business’ expansion and growth.

Operating from offices in London and Dubai, DMJ has a portfolio of blue-chip clients including Aviva, Barclays, PwC, Santander, Vodafone and Tesco, together with an impressive list of UK, Magic Circle, and US law firms.

Welcoming the move, Charles Gallagher-Powell, head of private equity at Omni, said: “We recognise the real growth potential within DMJ Recruitment. It will be the nucleus of Fortes’ professional services offering, providing a holistic approach to placing the best talent across a range of functional areas and sectors."

Marc Tobias, co-founder of DMJ Recruitment, added: “It has always been our ambition to scale the core DMJ business. Working with Omni under Fortes provides us with the perfect opportunity to expand beyond our current specialisms."