Gusto and The Alchemist investor back fast-growing retirement advisor My Pension Expert


An investor like Gusto and The Alchemist backed a fast-growing retirement advisor.

Manchester-based Palatine Private Equity has made a “significant investment” in Doncaster-based My Pension Expert.

The company, which has a team of 65, will use the additional funding to accelerate its growth plans and expand its business proposition.

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Andrew Megson, Executive Chairman of My Pension Expert, said: “We are delighted that Palatine has chosen to partner and invest in My Pension Expert.

“Throughout the process, Palatine has supported the management and identified the huge opportunities for My Pension Expert to develop and accelerate its growth.

“Palatine’s focus on sustainability was also a key factor in accepting this important investment.

“And My Pension Expert will certainly leverage this expertise over the coming years to improve our own environmental, social and corporate governance (ESG) credentials. Needless to say, we are extremely excited about what the future holds. reserve for us.”

Chief Investment Officer Kieran Lawton, who led the deal for Palatine alongside James Painter, Gary Tipper and Ed Fazakerley, added: “Andrew and his team have done an outstanding job to date, and we look forward to to work alongside them to help the company grow rapidly and reach its potential.

“Our focus will be to support the team through value enhancement initiatives across digital, technology, people and sustainability to help Andrew continue to build a retirement advisory business from trusted and fast-growing with technology at its heart.”

The deal will be funded by an investment from Palatine’s buyout and impact funds.

Beth Houghton, partner and head of Impact Fund, said: “Affordable, accessible and high-quality retirement advice is essential for those who have reached or are approaching retirement age with small or medium pension pots. cut.

“My Pension Expert helps members of the public navigate the increasingly complicated pension environment at an affordable cost, and we are delighted to be working with the management team to increase the number of people who can access these tips.”

My retirement expert was advised by Addleshaw Goddard, Park Place and BDO Tax.

Palatine was advised by Gateley (legal), Quinn Partnership (personnel), Kroll (regulatory and financial), Lockton (insurance), Open Partners (digital) and Equator (technology).

The deal remains subject to FCA regulatory approval.


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