Hoxton Wealth gets £100m PE backing from Aspirity Partners

The backing is the first external capital raised by Hoxton since founder Chris Ball started the business in 2018. He remains as the majority shareholder following the transaction, the firm said today (3 November). The planning business said the money would fund its sustainable growth plans, continued "disciplined international expansion" as well as increased headcount and "selective strategic acquisitions". It will also fund continued investment in technology at the London and Dubai-headquartered organisation. Hoxton has about 10,000 clients across ten jurisdictions and manages mor...