Inflexion's Succession secures fresh £25m funding

Succession aims to use the capital to continue its growth strategy. When Inflexion acquired a majority stake in 2014, it announced plans to acquire 50 competitors by the end of 2017. It has bolted on 25 so far.

Among the latest acquisitions of Succession are Cornwall-based TMS, Facts Financial from Sheffield, and Carson Associates and Firth & Scott from Nottingham. The four firms were acquired for a toal of £9.5m.

Previous funding
In January 2014, Inflexion invested in Succession for a 50.1% stake. The private equity firm was introduced to the company through Succession's chairman three years prior to the investment.

Company
Established in 2009 by CEO Simon Chamberlain, Succession provides financial advice to private and corporate clients. The company employs 110 people throughout the UK. 

Succession currently has £11bn of funds under management, of which £2.5bn is serviced through its national advisory business.

People
Succession – Simon Chamberlain (CEO).
Inflexion – Andrew Mainwaring (investment director).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Expansion
• UK / Ireland
• Financials
• Acquisition finance
• Inflexion Private Equity
• United Kingdom