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." ...

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

FCA ESG ratings consultation reignites concerns over 'inconsistent' scores

FCA ESG ratings consultation reignites concerns over 'inconsistent' scores

‘Inconsistency in ESG ratings is definitely an issue’

Sahar Nazir
clock 03 December 2025 • 3 min read
'Sector no longer in reactive mode': RMAR data paints stabilising picture

'Sector no longer in reactive mode': RMAR data paints stabilising picture

'Still adapting to the after-effects of Consumer Duty'

Chris Davies
clock 03 December 2025 • 4 min read
Budget tax-free cash rumour aftermath: 'Our job is to dampen panic, not monetise it'

Budget tax-free cash rumour aftermath: 'Our job is to dampen panic, not monetise it'

Advisers reveal how much damage the speculation caused

Isabel Baxter
clock 02 December 2025 • 4 min read