Gordons advises Leeds-based financial adviser J M Glendinning on acquisition by Progeny
Monday 8th November 2021
Gordons has advised Leeds-based financial adviser J M Glendinning Financial Services on its acquisition by professional services firm Progeny.
A team from Gordons, led by corporate partner Duncan Firman and corporate solicitor Andrew Moore, advised the selling shareholders on the transaction.
Paul Glendinning, director at J M Glendinning Financial Services, said: “We’re really excited about joining Progeny and in the process reinvigorating our business to take our service and offering to new levels for our clients.
“Progeny understands our mindset and, crucially, the aims and ambitions of our clients at a regional and national level.”
The acquisition will enable Progeny to expand its presence in Leeds and the wider Yorkshire area, and JM Glendinning Financial Service’s clients will now have access to Progeny’s expanded range of services.
Gordons partner Duncan Firman commented: “J M Glendinning Financial Services is a long-standing client of the firm, which we have supported during its various stages of growth over many years.
“We are delighted to have advised the selling shareholders on this important transaction and look forward to seeing the firm continue to grow and integrate into Progeny’s professional services offering.”