Kingswood completes £4m AWM acquisition; looking at nine further deals

£2m up front

clock • 2 min read

Kingswood has completed the acquisition of North Lincolnshire-based financial advice firm Admiral Wealth Management for £4m.

The deal was struck with the cash payable over a two-year period, with £2m to be paid at up front and the balance paid on a deferred basis. The firm's clients are primarily based in Lincolnshire and Yorkshire. It has been led by Peter and Carol Waller and Mike Biggin, with the Wallers resigning. Biggin, alongside senior consultant Adam Harrison, will lead the business under the Kingswood banner. Group CEO Gary Wilder said: "With the acquisition of Admiral Wealth Management in the UK in August and a strong pipeline of UK and international acquisition opportunities, the second half of 2...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Cohabitation reforms to offer unmarried couples 'more financial security'

Cohabitation reforms to offer unmarried couples 'more financial security'

Government launches consultation

Sophia Panayi
clock 05 June 2026 • 2 min read
M&A platform finds strong pipeline of non-PE acquirers

M&A platform finds strong pipeline of non-PE acquirers

Data from Project Exit shows regional and local advice firms make up more than half of buyers

Isabel Baxter
clock 05 June 2026 • 2 min read
Standing out from the crowd: WIFA entry tips from judge Gillian Hepburn

Standing out from the crowd: WIFA entry tips from judge Gillian Hepburn

'The number of outstanding entries always makes judging challenging'

Gillian Hepburn
clock 05 June 2026 • 4 min read