Nordic Capital-backed Ascot Lloyd reports 28% bump in revenues

Jenna Brown
clock • 2 min read
Nordic Capital-backed Ascot Lloyd reports 28% bump in revenues

UK national IFA business Ascot Lloyd has reported an increase in revenues of 28% for 2021 to £380.3m, up from £62.6m the previous year. Its 2021 full-year results also said adjusted EBITDA at the business was £23.1m compared to £14.2m in 2020, a 63% increase. It added total funds under management stood at £9.8bn in 2021, up from £9.4bn in 2020. Ascot Lloyd was bought out by private equity house Nordic Capital in April this year. The transaction, subject to regulatory approval, wil...

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