On September 26, 2022, Kingswood Holdings Limited announced it will acquire Moloney Investments Limited.
Under the terms of the transaction, Kingswood Holdings Limited (“Kingswood”) will acquire 70% of Moloney Investments Limited (“MMPI”) for consideration of €25.8 million, with the remaining 30% ownership to stay with existing shareholders. MMPI will continue under the same management team from its current offices.
Kingswood (LON: KWG), based in London, is an international integrated wealth management group. Kingswood has approximately £7.9 billion in assets under advisement and management.
MMPI is a Dublin-based investment advisor with 54 employees, including 18 advisors. MMPI has €700 million in assets under management as of April 30, 2022.
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