Company
Kingswood Acquisition Corp
OTC:KWAC
Kingswood Acquisition Corp. (“KWAC”, “We” Or “Our”) is a Special Purpose Acquisition Company formed to effect a business combination and become the First Listed Global Wealth and Investment Management Company on the NYSE. While we are able to pursue a business combination with a company in any industry, we will be primarily targeting a company in the wealth and investment management industry. KWAC intends to build a global wealth and investment management business catering to the underserved retail mass affluent and private client investor, the largest cohort of investors globally, providing them with a holistic “one stop shop” package of advice and products focused on protecting and growing wealth. KWAC represents a differentiated opportunity to invest in a seasoned management team of industry veterans that will remain in place post a business combination to execute KWAC’s strategic vision, create a global platform that grows organically and through acquisitions, and deliver long-term shareholder value. Sponsor Team has significant experience investing in and managing wealth and investment management businesses. The primary sponsors of KWAC are: KPI (Nominees) Limited (“KPI”): KPI is a private UK holding company formed in 2004, which has been involved in a range of investment activities, which include a range of long-term investments and financial transactions. KPI and its subsidiaries, have approximately $8 billion of assets under advice and management. KPI, owns 67% of the ordinary share capital of Kingswood Holdings Limited (“KHL”), a publicly traded, fully integrated wealth and investment management group. Pollen Street Capital (“Pollen Street”): Pollen Street is a global, independent alternative investment management company, focused on the financial and business services sectors. Pollen Street, has $3.5 billion of gross assets under management across private equity and credit strategies. Investors include leading pension funds, asset managers, banks and family offices from around the world. In September 2019, KHL received a permanent growth capital investment from Pollen Street to support its global growth strategy in the wealth management industry. Investment comprised an initial commitment of up to £40 million ($52 million) of permanent growth capital.
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