BDO has provided financial and tax due diligence services on the acquisition of Haibum Wealth Limited by Titan Wealth Services Limited.
London-based Haibun was founded in 2005 to meet the increasing demand for customised portfolio diversification and tax efficient investments. Haibun offers a range of solutions for professional clients and high net worth individuals (HNWI) seeking alternative investment options in the private equity, Enterprise Investment Scheme, VCT and property space.
Haibun will provide Titan Wealth with another suite of investment products to distribute to its clients and to IFAs. Titan Wealth was launched in June 2021 with the acquisition of two leading investment and wealth management businesses – GPP and Tavistock Wealth Limited. Following the acquisitions of Cardale and Baggette earlier in 2022, the acquisition of Haibun marks another key moment in its journey to providing better integration and flexibility to investment managers, IFAs and clients by adding a high-quality alternatives capability.