Kingswood Holdings agrees to acquire Admiral Wealth Management for £4.0 million

LONDON, UK: Kingswood Holdings Limited has agreed to acquire Admiral Wealth Management Limited, a Chartered Financial Planning firm based in North Lincolnshire. Following regulatory approval, the business will be acquired for a cash consideration of £4.0 million, payable over a 2-year period. £2.0 million will be paid at closing and the balance paid on a…