Kings Court Trust Secures Investment for Growth of Partner Network

Categories ABS, Alternative Business Structure, Industry News, KCT

Since becoming the first Alternative Business Structure (ABS) licensed for probate by the CLC almost a year ago, Kings Court Trust (KCT) has continued to work closely with all of our Will writing and IFA partners.

We are committed to working closely with our core partners and building a successful, long-term partnership. We continue to invest in important developments that will benefit both you and clients alike. On this note, we are delighted to announce that we have secured significant investment of growth capital from Smedvig Capital, the London-based venture capital firm, which will help us to accelerate these plans.

The investment in Kings Court Trust is Smedvig Capital’s second investment in the legal services field.

Chief Executive, Tom Curran, said “At Kings Court Trust, we seek to put the family first and are constantly looking for ways in which we can help them through a difficult time.  We want to work with partners who share these values and this was critical when choosing an investor with whom to work. We are looking forward to working closely with the Smedvig team on the exciting next phase of development for the business.”

Johnny Hewett, CEO at Smedvig Capital, commented that the starting point is “always to back strong teams who put customer service at the heart of what they do and when we started looking at the probate market, Kings Court Trust immediately stood out. We are very pleased to be working with Tom and his team and making our second investment in this market.”

Read the Legal Futures Exclusive: venture capitalists invest in leading probate provider.