Financial advice firm Wealth at Work has bought The Farleigh Group to increase its footprint in the market.
This is its third acquisition following its purchase of Life Academy in 2015 and Marshall Zoing in 2012.
The Farleigh Group, a holding company for the Affinity group of companies, was founded in 2004 and is a Bristol-based national provider of financial education and advice services.
It works with more than 200 employers and mainly operates in the public sector for local authorities, the fire and police services and the NHS.
Jonathan Watts-Lay, director of Wealth at Work, said: “We mainly provide our services to the private sector, so this presents further opportunities for us to expand into the public sector, providing financial education seminars, guidance and advice, particularly for those employees who are at-retirement where making the correct decisions are crucial.
“Our increased capacity means we can continue to respond to the fast growing demand for our services.”
Last year Equistone Partners Europe completed a £50m buyout of Liverpool-based Wealth at Work.
The company, which was previously owned by Palatine Private Equity, provides financial education, regulated advice and wealth management services designed for the workplace.
Wealth at Work, which employs more than 120 people, works with FTSE employers such as Marks & Spencer, as well as a number of leading financial services companies.