Hampshire Trust Bank: Acquire Wesleyan Bank
- Hampshire Trust Bank is a specialist bank, staffed by experts focused on helping UK businesses realize their ambitions
- HTB agreed to acquire 100% of Wesleyan Bank Limited from Wesleyan Assurance Society, the financial services mutual
- The deal is expected to complete during the coming months the combined business will be led by Matthew Wyles as CEO with Tim Blackwell as CFO
- As part of the acquisition, 115 employees of Wesleyan Bank will transfer with the bank
- HTB delivered a very strong trading performance during the first half of 2021 and we look to the future with great confidence
- Seeking new ownership for the Bank provides positive outcomes for both businesses
