Succession Holdings Ltd.
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Succession Holdings Ltd. - overview
Established
2009
Location
Birmingham, England, UK
Primary Industry
Financial Services
About
Based in the UK, and founded in 2009, Succession Holdings Ltd. is an independent wealth management business. James Stevenson is the CEO of the firm. In June 2016, Inflexion Private Equity Partners and HSBC Bank invested approximately GBP 25 million in Succession Holdings Ltd, and the company has around GBP 8 billion in assets under administration across 17,000 clients and employs 170 wealth planners.
The company provides financial planning services to individuals and corporate clients. Succession's investment platform is an open architecture system, offering unbiased access to more than 4000 funds, as well as a comprehensive range of alternative investment types covering all asset classes and attitudes to risk. It enables business principals, advisers, and support staff, to select investment solutions that meet the demands and needs of wealth management clients and to manage and review these solutions with complete confidence. The platform is underpinned with the latest internet-based, online technology, offering access across all asset classes, structured products, Exchange Traded Funds (ETFs), direct share, and cash facilities supported by a range of tax wrappers.
The firm also provides an investment matrix that delivers a comprehensive risk-controlled framework, facilitating a consistent and cohesive investment strategy. It offers investment solutions provided by global fund management houses and specialist niche investment managers. The Matrix has been developed for emphasizing strategic asset allocation, diversification, strict cost control, and automated portfolio rebalancing.
Primary Industry
Financial Services
Sub Industries
Consulting Services, e-Financial
Website
www.successionadvisoryservices.com
Verticals
FinTech
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Succession Holdings Ltd. - timeline of key events
Succession Holdings Ltd. - financials
| Fiscal Year Ended | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 14,819,824 | 24,457,362 | 36,330,846 | 57,659,000 | 98,000 | 29,000 | 30,000 | 15,000 | - | - | - |
| % Revenue Growth (YoY) | - | 65.0% | 48.5% | 58.7% | (99.8%) | (70.4%) | 3.4% | (50.0%) | - | - | - |
| EBITDA (USD) | (651,200) | 1,516,382 | 2,583,633 | 6,472,000 | (1,187,000) | (547,000) | (48,563,000) | (419,000) | - | - | - |
| Operating Income (USD) | (2,797,730) | (1,824,817) | (2,023,051) | (329,000) | (1,187,000) | (547,000) | (48,563,000) | (419,000) | - | - | - |
| Operating Margin | (18.9%) | (7.5%) | (5.6%) | (0.6%) | (1211.2%) | (1886.2%) | (161876.7%) | (2793.3%) | - | - | - |
| % EBITDA Margin | (4.4%) | 6.2% | 7.1% | 11.2% | (1211.2%) | (1886.2%) | (161876.7%) | (2793.3%) | - | - | - |
| NET Income (USD) | (6,367,331) | (4,502,074) | (6,082,914) | (6,652,000) | 7,756,000 | (529,000) | (341,000) | (617,000) | - | - | - |
| % Net Margin | (43.0%) | (18.4%) | (16.7%) | (11.5%) | 7914.3% | (1824.1%) | (1136.7%) | (4113.3%) | - | - | - |
Succession Holdings Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Succession Holdings Ltd. | - | ||||||||
| Add-on | Completed | Plan4Wealth | - | ||||||||
| Add-on | Completed | Lewis Chambers | - | ||||||||
| Growth | Completed | Succession Holdings Ltd. | - | ||||||||
| Buyout | Completed | Succession Holdings Ltd. | - |
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Succession Holdings Ltd. - employee data
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