Kingswood adds £40m in assets with latest IFA acquisition

Buys Kent-based advice firm

Jenna Brown
clock • 2 min read
David Lawrence: "This is our third acquisition of 2021 and we continue to have a strong pipeline of high-quality UK opportunities under negotiation, five of which are in the exclusive due diligence stage."
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David Lawrence: "This is our third acquisition of 2021 and we continue to have a strong pipeline of high-quality UK opportunities under negotiation, five of which are in the exclusive due diligence stage."

Kingswood has bought Kent-based IFA Smythe and Walter adding £40m in assets under management in its latest acquisition.

Following completion, £420,000 will be paid immediately and up to £420,000 will be payable on a deferred basis over the following two years, subject to the achievement of pre-agreed performance targets,...

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