Independent financial advice firm Ascot Lloyd has received investment from the credit group of Ares Management Corporation, a global investment firm.
This financing gives the IFA over £100 million available for acquisitions.
Ascot Lloyd completed 12 acquisitions in 2020, despite Covid-19. These acquisitions added over £6.5 million of EBITDA to Ascot Lloyd with group revenues now over £60 million.
Ascot Lloyd chief executive Nigel Stockton said: “We are...
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