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

Reeves promises to not 'return back to austerity' in pre-Budget message

Reeves promises to not 'return back to austerity' in pre-Budget message

'Biggest drive for growth in a generation'

Michael Nelson
clock 26 November 2025 • 1 min read
Nearly half of advised HNW clients unaware of CGT allowance

Nearly half of advised HNW clients unaware of CGT allowance

Charles Stanley finds

Sahar Nazir
clock 25 November 2025 • 2 min read
CII launches vulnerability guide

CII launches vulnerability guide

For insurance and personal finance

Isabel Baxter
clock 25 November 2025 • 3 min read