Skerritts acquires Horley financial planner KMG Independent

Hove Chartered financial planner Skerritts buys KMG Independent

Sahar Nazir
clock • 1 min read

Skerritts has acquired Horley-based financial planning firm KMG Independent and its sister firm KMG Investment Management.

The firm said it is looking to expand nationally and the acquisition is expected to improve Skerritts' presence in the South East of England. In March 2021, Sovereign Capital Partners completed an investment worth £55m to develop Skerritts through a strategy of organic and acquisitive growth, which has seen the addition of new offices in Kent, Hampshire, Chester and London. The purchase of the KMG companies adds over £400m of assets under management and brings the number of deals that the Skerritts Group has completed since the Sovereign investment up to nine. Skerritts chief execu...

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