LONDON: HSQ Investment Limited has announced an unconditional cash offer to acquire all remaining shares of Kingswood, valuing the shares at 7 pence each. The offer, which values Kingswood at approximately £48.03 million, will be made through the issuance of an Offer Document and Form of Acceptance. These documents are expected to be sent to shareholders…
All posts tagged Kingswood Holdings
Peter Coleman appointed interim CEO of Kingswood Holdings, as David Lawrence resigns
LONDON: Kingswood Holdings Limited (AIM: KWG), the international, fully integrated wealth and investment management group, announced that David Lawrence has resigned as Chief Executive of the Company and that Peter Coleman has been appointed as Interim Chief Executive Officer with immediate effect, and to the Board, subject to FCA regulatory approval. A process to appoint…
Kingswood Holdings to acquire Vincent & Co Ltd financial advisors
LONDON, UK: Kingswood Holdings Limited (AIM: KWG) announced it has agreed on the acquisition of Vincent & Co Ltd, a privately owned independent financial adviser firm based near Market Rasen in Lincolnshire. The acquisition is subject to regulatory approval. Kingswood Holdings Limited is the international, fully integrated wealth and investment management group. David Lawrence, UK…
Kingswood Holdings acquires financial advice business, Aim
LONDON, UK: Kingswood Holdings Limited (AIM: KWG) has exchanged and completed on an acquisition of Aim Independent Limited (Aim) an independent financial advice business based in Eastleigh serving clients throughout Hampshire. Following regulatory approval, the business will be acquired for total cash consideration of up to £3.6m, payable over a two-year period, £1.8m will be…
Kingswood Holdings acquires Allotts Financial Services for £2.5mn
LONDON, UK: Kingswood Holdings Limited (AIM: KWG) has acquired Allotts Financial Services Limited (AFS) for total cash consideration of up to £2.5m, payable over a two year period, £1.25m will be paid at closing and the balance paid on a deferred basis, some of which is subject to the achievement of pre-agreed performance targets. AFS…
Kingswood Holdings agrees to acquire DJ Cooke Financial Planning
LONDON, UK: Kingswood Holdings Limited (AIM: KWG) has agreed to acquire the business assets of DJ Cooke Financial Planning Limited, an independent financial planning business servicing clients across South Yorkshire. Following Completion, around £1.5m is payable over a 2 year period. £749k will be paid at closing and the balance paid on a deferred basis,…
Kingswood Holdings to acquire IBOSS Group for up to £16mn
LONDON, UK: Kingswood Holdings Limited (LON: KWG), the international wealth and investment management group, has agreed to acquire Metnor Holdings Limited (IBOSS Group). Metnor Holdings is based in Harrogate and is the holding company for IBOSS Asset Management Limited (IBOSS) and Novus Financial Services Limited. The consideration payable to the shareholders of Metnor includes initial…
Kingswood Holdings acquires Money Matters North East for £3.4mn
LONDON, UK: Kingswood Holdings Limited (LON: KWG) has agreed to acquire, subject to regulatory approval, Money Matters North East Limited (MMNE), a privately owned wealth management business, primarily offering its services in the North East of England. Following regulatory approval, the business will be acquired for total cash consideration of up to £3.4m, payable over…
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…
David Lawrence appointed as UK Chief Executive Officer at Kingswood Holdings
LONDON, UK: Kingswood Holdings Limited announced that David Lawrence has been appointed as UK Chief Executive Officer and will become a director of Kingswood’s UK subsidiaries following regulatory approval. David will lead Kingswood’s UK growth strategy. He will report to Gary Wilder, Group Chief Executive Officer and to the board of Kingswood Holdings Ltd. David…
Kingswood acquires WFI Financial for £14 million
LONDON: Kingswood Holdings Limited, the integrated wealth management group, has announced the acquisition of the business and assets of WFI Financial, a significant independent regional financial planning business based in Sheffield. The acquisition marks the continuation of the Group’s expansion of its national wealth management footprint to the Midlands and the North. The acquisition is…