Kingswood buys two advice firms in multi-million pound deals

Latest acquisitions in Lincolnshire and Buckinghamshire

Jenna Brown
clock • 2 min read

Consolidator Kingswood has bought two more advice businesses, JCH Investment Management (JCH) and Employee Benefit Solutions (EBS), in multi-million pound deals.

JCH manages clients predominantly across the Lincolnshire area. The team has three advisers and seven employees in total managing more than £105m of client assets for about 240 clients. Kingswood said in the year ending 31 July 2022, Lincoln-based JCH generated revenue of £901,000 and profit before tax of £406,000.  The business, it added, would be acquired for total cash consideration of up to £3.5m, payable over a two-year period, £2.1m of which will be paid upon receipt of regulatory approval and the balance paid on a deferred basis which is subject to the achievement of pre-agreed...

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

'Don't think of consolidation as the end of independent advice. It isn't'

'Don't think of consolidation as the end of independent advice. It isn't'

Continuity before everything else

Tom Rowe-Jones
clock 02 September 2026 • 5 min read
SENDA calls on profession to share how it supports families with disabilities

SENDA calls on profession to share how it supports families with disabilities

Part of white paper launching in November

Isabel Baxter
clock 02 September 2026 • 2 min read
Plannex memberships boosted by 'out of the blue' Reddit influx

Plannex memberships boosted by 'out of the blue' Reddit influx

Without spending a penny on the social media platform

Isabel Baxter
clock 01 September 2026 • 5 min read