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

Professional Adviser TV: Creative ways to tackle the advice gap

Professional Adviser TV: Creative ways to tackle the advice gap

With Octopus Money CEO Ruth Handcock and financial adviser Kristian Manton

Professional Adviser
clock 25 April 2025 • 1 min read
Economic secretary confirms wholesale ISA review as experts demand sweeping reform

Economic secretary confirms wholesale ISA review as experts demand sweeping reform

LISA reform front and centre

Beth Brearley
clock 24 April 2025 • 2 min read
 MorganAsh introduces customer support tracking to vulnerability platform

MorganAsh introduces customer support tracking to vulnerability platform

Recording suggested next steps

Jaskeet Briah
clock 24 April 2025 • 2 min read