About Close Brothers
Close Brothers is a company based in London (United Kingdom) founded in 1878 was acquired by Daiwa Capital Markets in May 2009.. The company has 4,000 employees as of July 31, 2024. Close Brothers has completed 5 acquisitions, including Cavanagh Group, Corporate Asset Solutions and Novitas Loans. Close Brothers offers products and services including Lending Solutions, Savings Products, and Securities Trading. Close Brothers operates in a competitive market with competitors including Investec, HSBC, Aviva, Hayfin and S&P Global, among others.
- Headquarter London, United Kingdom
- Employees 4000 as on 31 Jul, 2024
- Stage Public
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Close Brothers Group Plc
-
Annual Revenue
$1.99 B (USD)19.55as on Jul 31, 2024
-
Net Profit
$111.89 M (USD)10.11as on Jul 31, 2024
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
4000
as on Jul 31, 2024
-
Investments & Acquisitions
Cavanagh Group
& 4 more
-
Acquired by
Daiwa Capital Markets
(May 18, 2009)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Close Brothers
Close Brothers is a publicly listed company on the LSE with ticker symbol CBG in UK, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Close Brothers
Close Brothers offers a comprehensive portfolio of products and services, including Lending Solutions, Savings Products, and Securities Trading. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides lending options for business growth and commercial ambitions
Offers competitive interest rates for deposits to businesses and individuals
Facilitates access to securities for retail brokers and asset managers
Unlock access to complete
Unlock access to complete
Software Development Team
23 people
Leadership Team
17 people
Legal and Compliance
8 people
Human Resources and Administration
5 people
Head Team
4 people
Finance and Accounting
3 people
Risk Team
2 people
Creative and Marketing Team
2 people
Unlock access to complete
Funding Insights of Close Brothers
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Close Brothers
Close Brothers has secured backing from 1 investor. Prominent investors backing the company include Daiwa Capital Markets. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Close Brothers
Close Brothers has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Cavanagh Group, Corporate Asset Solutions and Novitas Loans. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Diversified investment management services are provided by Cavanagh Group.
|
2019 | ||||
|
Personal loans are provided to individuals across the United Kingdom.
|
2011 | ||||
|
Leasing and financial services are provided to businesses.
|
2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Close Brothers
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Close Brothers Comparisons
Competitors of Close Brothers
Close Brothers operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Investec, HSBC, Aviva, Hayfin and S&P Global, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
|
|
| domain | founded_year | HQ Location |
Universal banking and financial advisory services are provided globally.
|
|
| domain | founded_year | HQ Location |
Insurance and asset management services are offered in multiple regions.
|
|
| domain | founded_year | HQ Location |
Private debt investments are directed across multiple sectors.
|
|
| domain | founded_year | HQ Location |
Platform offering business intelligence solutions that combine data and actionable analytics for clients
|
|
| domain | founded_year | HQ Location |
Wealth management solutions are delivered for asset managers.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Close Brothers
Frequently Asked Questions about Close Brothers
When was Close Brothers founded?
Close Brothers was founded in 1878.
Where is Close Brothers located?
Close Brothers is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
How many employees does Close Brothers have?
As of Jul 31, 2024, the latest employee count at Close Brothers is 4,000.
What is the annual revenue of Close Brothers?
Annual revenue of Close Brothers is $1.99B as on Jul 31, 2024.
What does Close Brothers do?
Close Brothers was founded in 1878 and is headquartered in London, United Kingdom. Operations are conducted as a non-banking financial institution, with services encompassing asset management, commercial lending, and securities trading. Focus is placed on supporting businesses and individuals through tailored financial solutions. Key leadership includes Frank Pennal as Director and Christopher Godfrey Faussett as Managing Director. Activities are primarily based in the UK financial market.
Who are the top competitors of Close Brothers?
What products or services does Close Brothers offer?
Close Brothers offers Lending Solutions, Savings Products, and Securities Trading.
Is Close Brothers publicly traded?
Yes, Close Brothers is publicly traded on LSE under the ticker symbol CBG.
How many acquisitions has Close Brothers made?
Close Brothers has made 5 acquisitions, including Cavanagh Group, Corporate Asset Solutions, and Novitas Loans.
Who are Close Brothers's investors?
Close Brothers has 1 investor. Key investors include Daiwa Capital Markets.
What is Close Brothers's ticker symbol?
The ticker symbol of Close Brothers is CBG on LSE.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.