Gissings Advisory Services Limited's (GASL) senior management team has acquired all the firm's shares in an £18m management buyout, with the backing of private equity investor, Dunedin.
GASL, which has 400 corporate clients and consults on a rnage of benefits services including around flexible benefits and employee wellness, will continue to trade under the Gissings name for a transitional period.
Gissings pensions business, Gissings Consultancy Services will not be affected by the deal, and the two businesses will continue to work alongside one another.