Huddersfield-based Fintel plc, a provider of technology, compliance and regulatory services to financial advisers and institutions, announced the disposal of two non-core assets to Kairos Professional Services Limited, a “related party buyer.”

Fintel said the disposal is “an important step in the strategic portfolio simplification of Fintel, enabling the group to focus on its two divisional growth engines of Software & Data and Services.”

The Huddersfield firm has sold Gateway Surveying Services Limited (GSS) and APS Legal & Associates Limited for up to £1 million.

GSS provides property valuation services to mainstream UK lenders and generated revenue of approximately £9.7 million and EBITDA of approximately £800,000 for the 12 months ended December 31, 2025.

APS provides will-writing and probate services via a network of associates and generated revenue of £1.5 million and EBITDA of £100,000 for the year ended December 31, 2025.

“The Purchaser is owned and controlled by Neil Stevens, former Joint CEO of the Company and a former director of both businesses, who was previously responsible for overseeing their respective operations,” said Fintel.

“The Board of Fintel believes that both businesses will be well-positioned to continue to grow and develop under the Purchaser’s ownership, together with their existing management teams who will remain with the businesses.”