Global private equity group Carlyle is set to buy the three-year-old, acquisitive Financial Planning firm Harwood Wealth Management for £90.7m in a recommended cash deal.

Financial Planning firm Harwood Wealth Management Group has revealed three new acquisitions.

Acquisitive Financial Planner and discretionary manager Harwood Wealth Management has reported a 74% rise in pre-tax profit to £1.63m in its half year interim results out today.

Financial Planner Harwood Wealth Management boosted assets by more than 40% and increased profits, the firm’s annual results have revealed.