Succession acquires Lewis Chambers and Plan4Wealth for £10m

2018 trade sale or IPO remains aim

Victoria McKeever
clock • 2 min read

Succession has confirmed the £10m acquisition of advice firms Lewis Chambers and Plan4Wealth, within six months of the pair joining as Succession Group member firms.

Chambers Group, trading as Lewis Chambers, along with its Plan4Wealth arm bring more than £200m funds under management to Succession Group. Lewis Chambers managing director Mark Stokes said: "The cultural fit was far more important than the deal price, to ensure our clients, staff and stakeholders would be as comfortable with Succession as they have been with Lewis Chambers and Plan4Wealth." Last year Succession secured an investment package of more than £25m from HSBC and its existing shareholders to accelerate its growth strategy through the acquisition of 50 firms from its affiliat...

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