Cairngorm-backed Verso Wealth Management acquires Campbell Thomson

Verso new acquisition takes the firm's assets under management to over £1bn.

  • Campbell Thomson provides financial advice and planning for businesses and individuals across the UK
  • Cairngorm Capital’s investment in Verso was made in September 2021
  • Campbell Thomson is the fifth acquisition by the Verso platform and the first in Scotland

Cairngorm Capital Partners announced on Thursday that its portfolio company Verso Wealth Management has acquired Campbell Thomson. This acquisition takes Verso’s assets under management to over £1 billion ($1.2 billion; €1.2 billion).

Based in Glasgow, Scotland, Campbell Thomson is a second generation firm that provides financial advice and planning for businesses and individuals across the UK. As of Q2 2022, Campbell Thomson provides advice on assets exceeding £315 million.

Campbell Thomson is the fifth acquisition by the London-based Verso platform and the first in Scotland.

London-based Cairngorm Capital Partners is a private equity firm that invests in mid-market growth companies, operating in manufacturing, distribution and services industries.

“I am delighted to welcome everybody at Campbell Thomson to the group,” commented Verso’s chief executive Andrew Fay. “It is an exciting time to join Verso as our plans begin to gather pace. With the support of our strategic partners, Cairngorm Capital Partners and their buy, build and transformation expertise, we are pursuing an ambitious consolidation plan, to build a market leading wealth management group with capabilities in financial advice and investment management, powered by the Verso platform. Campbell Thomson forms an important part of this.”

“Campbell Thomson is an excellent company with a well-deserved reputation for outstanding service,” said Neil McGill, managing director at Cairngorm Capital. “It demonstrates all that we like in a partner firm – strong performance, differentiated service and an excellent management team. We are delighted to be able to support Verso’s continued growth and are excited about further expansion opportunities in the pipeline”