Kingswood nears takeover deal with PE backer HSQ Investments

HSQ Investments considers full acquisition of Kingswood

Sahar Nazir
clock • 2 min read

Kingswood has confirmed it is in advanced discussions with HSQ Investments Limited (HSQ), a subsidiary of Pollen Street Capital, regarding a possible cash offer for the entire issued and to be issued share capital of the company not already owned by HSQ.

HSQ initially invested in Kingswood in September 2019, injecting up to £80m in growth equity capital to support the business. HSQ currently holds 68.4% of Kingswood's voting rights. Kingswood said it has been impacted by "headwinds seen across the sector over the last couple of years", despite HSQ's investment. This resulted in the company's growth not being as strong over the period as management had expected, it set out. In conjunction with this, its acquisition strategy has seen the company's debt position increase significantly over the last two years, rising from a net cash posit...

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

Why gender inequality in financial advice is no joke

Why gender inequality in financial advice is no joke

'Gender inequality is a joke that has long since worn thin'

Cara Robinson
clock 01 September 2025 • 4 min read
Professional Adviser TV: Tackling 'horrendous' letter of authority delays

Professional Adviser TV: Tackling 'horrendous' letter of authority delays

‘LOAs could be really magical’

Professional Adviser
clock 29 August 2025 • 2 min read
How Parmenion is fuelling platform growth amid adviser fragmentation

How Parmenion is fuelling platform growth amid adviser fragmentation

Platform's soft skills training, switch service and Consumer Duty alignment cited as key drivers of adviser engagement

Sahar Nazir
clock 28 August 2025 • 3 min read