Financial advice network Kingswood is seeking funding from institutional investors to pursue its substantial pipeline of acquisitions.
Kingswood has been active in in the acquisition space in recent months after purchasing East Yorkshire IFA Marchant McKechnie in October 2018, and Thomas & Co Financial Services in February. As it seeks to further its growth spree, the consolidator said: "The group continues to pursue additional accretive investments across the UK and internationally with a pipeline in excess of £100m under evaluation. "In order to execute on this pipeline, the company is exploring opportunities to source additional funding via institutional investors to meet its requirements." The firm said its la...
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