Söderberg & Partners raises £224m to 'scale faster' in UK

Backing from investment firm KKR and private equity operation TA Associates

Sahar Nazir
clock • 1 min read

Söderberg & Partners has raised €265m (£224m) through a new share issue to support its continued expansion in the UK.

The Swedish firm, which entered the UK last September through acquiring a majority stake in London-based IFA Timothy James & Partners, said it wants to be "one of the leading players in the UK within a few years". Chief executive and co-founder Gustaf Rentzhog said: "We see that our venture in the UK is working, and we now want to scale it up even faster. We see many opportunities and have high ambitions. "Our focus area right now is to create significantly more efficient administration in our companies by applying the technology used within our organisation, which we know works." ...

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