Kingswood acquires Barry Fleming & Partners for £6.2m

Berkshire-based business

Jenna Brown
clock • 2 min read

Kingswood Holdings has bought Berkshire-based Barry Fleming and Partners (BFP) for £6.2m in its latest acquisition deal.

BFP specialises in tax, trusts and investment planning and advises individuals, companies, trustees and charities. The team has three advisers and a total of six employees. Founded in 1975, BFP has more than 415 clients with about £140m in assets under administration (AUA). In the year ending 28 February 2022, BFP generated revenue of £1.4m and profit before tax of £190,000. Kingswood said that the business would be acquired for total cash consideration of up to £6.2m, payable over a two-year period, with "£3.1m paid on completion and the balance paid on a deferred basis which is s...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Companies

Liontrust share price drops 5% as it reports near 30% pre-tax profit decline

Liontrust share price drops 5% as it reports near 30% pre-tax profit decline

Gross profit at £157.7m

Sorin Dojan
clock 25 June 2025 • 3 min read
Maven Renovar in turmoil after AGM sees strategy and board rejected

Maven Renovar in turmoil after AGM sees strategy and board rejected

Backlash from shareholders

Patrick Brusnahan
clock 20 June 2025 • 4 min read
Pacific AM snaps up Viewforth team

Pacific AM snaps up Viewforth team

Founder of Viewforth joining too

Patrick Brusnahan
clock 16 June 2025 • 1 min read
Trustpilot