Team plc has announced a recommended acquisition of WH Ireland, a move intended to create a diversified and well-governed wealth and asset-management group.
The offer has the support of 61 percent of WH Ireland shareholders under irrevocable undertakings. If completed, the combined platform is expected to oversee more than £2.1 billion in assets under management and advice.
The enlarged organisation would be headquartered in Jersey and serve private, intermediary, and institutional clients. Its services would include discretionary investment management, financial planning, and advisory work. According to Team, the combined group would offer broader client reach, complementary regulatory permissions, and improved operational efficiency. The company says this would position it as a stable, independent alternative to larger consolidators in the UK and international wealth-management sector.
Under the terms of the acquisition, WH Ireland shareholders would receive 0.195 new Team shares for each WH Ireland share. The combined group would have an estimated market capitalisation of £30.3 million.
Commenting on the acquisition, Mark Clubb (pictured), Executive Chair of Team, said: “This transaction isn’t about handing over control – it’s about elevating it. We are inviting WH Ireland’s shareholders to join us not as sellers, but as strategic partners in a stronger, scalable platform. Together, we preserve what has been built, unlock liquidity, and create a future with scale, influence, and real growth. This is about moving from defence to opportunity – and winning as owners.”
