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Moneygate is looking to expand its South Tyneside-based financial services business by spending £18m on the acquisition of about 23 companies over the next few years.
Moneygate Group has acquired IFA Results Financial, the Sheffield-based independent financial adviser with 16 staff.
Moneygate has acquired Equus Independent Financial Management, the London-based firm with 37 financial advisers and 34 other staff, for undisclosed terms.
Moneygate is looking to expand its Tyneside-based financial advice business with the creation of 60 jobs, following its recent withdrawal from the mortgage market.
Moneygate, the South Tyneside-based mortgage advice company, is planning to recruit 40 customer services staff and up to 150 face-to-face advisers over the next year.