Houlihan Lokey Advises Ascot Lloyd

Houlihan Lokey is pleased to announce that Ascot Lloyd, one of the UK’s largest and fastest-growing independently owned IFA firms, has received financing from funds managed by the Credit Group of Ares Management Corporation (Ares), a leading global alternative investment manager.

Established in 2004, Ascot Lloyd is a company that has grown rapidly by bringing smaller IFA firms into the fold to become a stronger and larger firm. Today, the company is one of the largest independently owned wealth management firms in the UK, helping individuals and businesses achieve their financial goals.

The financing will support Ascot Lloyd’s ambitious growth strategy, and the new funding will further enlarge the capital available for acquisitions to more than £100 million.

This transaction follows a strong 2020 for Ascot Lloyd, with the business completing 12 acquisitions despite the impact of COVID-19. These acquisitions added more than £6.5 million of EBITDA to Ascot Lloyd, with group revenues now over £60 million.

Today, Ascot Lloyd is approaching £10 billion of funds under influence, serving more than 21,000 clients through 135 IFAs across 15 locations nationwide.

Houlihan Lokey served as the exclusive financial advisor to Ascot Lloyd. This transaction highlights Houlihan Lokey’s continued success within the wealth management sector.