Business
Funding support for licensee's acquisition
DSW Capital plc has provided £360,000 in equity funding to its licensee, Dow Schofield Watts Business Planning LLP, to support the acquisition of Integer Advisory Limited. This strategic move combines DSW BP's expertise in social housing and infrastructure with Integer's specialist sector knowledge, creating an enlarged business named DSW Integer. DSW Capital will continue to receive license fee income and will hold an equity interest in the combined entity, which is expected to benefit from increased government investment in infrastructure and housing. In the financial year ended March 31, 2025, DSW BP reported revenue of approximately £540,000 and profit before tax of around £125,000. Disclaimer*
About this update from Dsw Capital Plc
1 July 2026 DSW CAPITAL PLC ("DSW Capital", "DSW" or the "Group") (AIM: DSW) Funding support for expansion of DSW licensee business via acquisition DSW Capital plc, the owner of the Dow Schofield Watts brand and a profitable, mid-market professional services licence network, is pleased to announce that it has provided equity funding of £360,000 to support the acquisition of Integer Advisory Limited ("Integer") by Dow Schofield Watts Business Planning LLP ("DSW BP"). DSW BP is a licensee of DSW Capital. The combination creates a strengthened advisory business, bringing together DSW BP's expertise in social housing and infrastructure with Integer's established reputation and specialist sector knowledge. The strengthened and enlarged business, operating as DSW Integer, will be well positioned to support public sector organisations, as the demand for advisory services grows in response to increased Government investment in infrastructure, housing and public service. DSW Capital will continue to receive licence fee income from the enlarged business and will also hold an equity interest in the business, through its membership in the LLP. Shru Morris, Chief Executive Officer, said: "We are absolutely delighted to support DSW BP in the funding of this acquisition, and I am very pleased to welcome the Integer team to the DSW Network. "The transaction is a great demonstration of the Group's diversification strategy in action: Integer broadens the network's advisory capabilities and brings additional revenues from more resilient markets, as we continue to expand the Group beyond traditional M&A activity. The transaction also demonstrates our commitment and willingness to back our licensees in the growth and development of their businesses, making DSW an attractive platform for ambitious professionals seeking autonomy. "With increasing Government focus on infrastructure, housing, and public sector transformation, we are confident that the enlarged business is well positioned to capitalise on attractive long-term growth opportunities." Ellen Little, Partner at DSW Integer, formerly DSW Business Planning, said: "We have known Mark and Coralie, who established and lead the Integer business, for many y...