Coniston portfolio company MWA, an IFA consolidation platform, has acquired Market Harborough-based Stonewood Financial Planning, an integrated wealth management and holistic financial planning business based in Leicestershire.
This is the fifth acquisition that MWA has made since Coniston invested and adds £53m of Assets Under Advice, an established office in Market Harborough and a loyal client base of over 100 family units, further strengthening the Group’s national footprint and accelerating its growth across the Midlands.
Cam Banks, CEO of MWA, commented, “Stonewood is everything we look for in an acquisition: a high-quality and loyal client base, a strong cultural fit and an office location we can grow from. We are thrilled to welcome their team and clients into MWA and excited about the role Market Harborough will play as a hub for our Midlands expansion.”
Coniston originally invested in MWA in October 2023 and MWA secured a £7.5m funding facility from Frontier Development Capital in December 2024.
