Kingswood: PE-backed Merger on the Horizon
Deal News | Mar 18, 2025 | EIN
HSQ Investments, a private equity backer of Kingswood, has placed an offer to acquire the remaining shares of Kingswood that it does not already own, at a price of 7 pence per share. HSQ plans to merge Kingswood with another wealth management firm. Despite Kingswood's growth in revenues and assets under advice and management, its performance has been impacted by sector-wide challenges over the last few years, leading to slower growth than expected. This strategic move by HSQ aims to address these challenges and leverage opportunities for consolidation in the sector.
Sectors
- Private Equity
- Wealth Management
Geography
- United Kingdom – Kingswood is a UK-based wealth management firm involved in the transaction.
Industry
- Private Equity – HSQ Investments, a private equity firm, is orchestrating the acquisition and merger strategy.
- Wealth Management – Kingswood operates in this sector, and the merger is intended with another wealth management firm.
Financials
- 7 pence per share – The offer price for the remaining Kingswood shares not already held by HSQ.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Kingswood | Target company | Company | A UK-based wealth management firm. |
| HSQ Investments | Bidding company | Company | A subsidiary of Pollen Street Capital and private equity backer of Kingswood. |