Kingswood completes acquisition of Dublin-based advice firm      

Seventh deal of 2022 adds £633m in assets under advice

Julia Bahr
clock • 1 min read

Transatlantic consolidator Kingswood has completed the acquisition of Dublin-based advice firm Moloney Investments (MMPI).

Kingswood announced the deal last September and revealed back then that it would acquire 70% of MMPI for £23m. It also confirmed that the remaining 30% would be retained by existing shareholders. The deal represented the firm's seventh acquisition in 2022. It added £633m in assets under advice (AUA), which took its funds under advice to over £7.8bn across the UK and Ireland. The Irish firm will continue to operate from its exiting premises and be led by the same team that has served its clients since inception. Kingswood Group chief executive David Lawrence said at the time the £40...

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