MBO at Intelligent Capital

17 Jan 2018

Glasgow-based Intelligent Capital Limited has completed a Management Buy Out, led by director David Bremner and supported by Clydesdale Bank.

The leading Scottish Chartered Financial Planner, which provides a Total Wealth Management service for personal and corporate clients, has been purchased by David Bremner after the former Managing Director retired from the business.

The firm is based in Glasgow, providing advice and guidance on all aspects of financial planning including tax, investment and pensions. Employee benefits and group pension advice is also offered by the group's corporate division.

David Bremner said: "It's encouraging to start the new year having completed the MBO and we are looking forward to continuing to support our customers and grow the business. We are grateful for the support and assistance provided by the Clydesdale Bank SME Cashflow Finance team which has made the entire process painless and we look forward to working with Clydesdale Bank, who will support us as the business moves forward."

Turnover at Intelligent Capital Limited has increased by over 30 per cent in the last three years. David Bremner joined the business in 2014, bringing his expertise within the family law market into the well-established Chartered Financial Planning practice.