Proskauer Advises HSQ on Cash Offer for Kingswood and Merger with Mattioli Woods
Deal News | Jun 18, 2025 | Proskauer Rose (UK) LLP
Proskauer Rose, a distinguished international law firm, has advised HSQ Investment Limited on its unconditional cash offer for the outstanding shares of Kingswood Holdings Limited. Furthermore, following the acquisition, Kingswood Holdings will merge its UK and Ireland businesses with Mattioli Woods, a leading wealth and asset management firm. This strategic merger is pending customary regulatory approvals. HSQ operates as an indirect subsidiary under funds managed or advised by Pollen Street Capital. Proskauer had previously advised Pollen Street on its initial investment in Kingswood in 2019, showcasing its longstanding involvement in significant transactions within the industry.
Sectors
- Legal Advisory
- Private Equity
- Wealth and Asset Management
Geography
- United Kingdom – The transaction involves Kingswood Holdings and Mattioli Woods, both operating within the UK market.
- Ireland – Kingswood Holdings maintains operations in Ireland, which are part of the pending merger with Mattioli Woods.
Industry
- Legal Advisory – Proskauer Rose LLP provides legal advisory services, specializing in M&A transactions.
- Private Equity – HSQ is a subsidiary of funds managed by Pollen Street Capital, a key player in private equity investments.
- Wealth and Asset Management – Kingswood Holdings and Mattioli Woods operate within the wealth and asset management sector, providing specialist financial services.
Financials
- Not disclosed – The financial terms of the cash offer for Kingswood and the subsequent merger have not been disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Proskauer Rose (UK) LLP | Legal Advisor | Company | An international law firm providing legal services, known for its M&A expertise. |
| HSQ Investment Limited | Bidding Company | Company | A wholly owned indirect subsidiary of funds managed by Pollen Street Capital, engaging in the acquisition of Kingswood. |
| Kingswood Holdings Limited | Target Company | Company | A wealth and asset management firm whose shares are being acquired by HSQ. |
| Mattioli Woods | Merger Partner | Company | A specialist wealth and asset management company entering into a merger with Kingswood's UK and Ireland businesses. |
| Pollen Street Capital Limited | Parent Company | Company | A private equity firm managing funds that control HSQ Investment Limited. |