Houlihan Lokey Advises Broadstone

Transaction: Broadstone - Lovell Minnick Partners

Houlihan Lokey is pleased to announce that Broadstone has signed a definitive agreement to receive a strategic growth investment from Lovell Minnick Partners (LMP), a private equity firm focused on investments in financial services, business services, and financial technology companies.

Broadstone is a leading, independent U.K. consultancy delivering expert advice to employers, insurers, lenders, and pension scheme trustees. For more than 40 years, Broadstone has been providing its clients with a wide range of specialist services, including employee benefits consulting, pensions administration and actuarial services, investment consulting, insurance consulting across life, non-life, and the Lloyds and London markets, credit risk services, and a range of financial modelling and data analytics services. Broadstone is also a recognised leader in redress calculation services.

This investment will enable Broadstone to broaden and deepen its offerings to current and prospective clients further. Going forward, the Broadstone management team will continue to own a significant stake in the business and maintain leadership of the company.

The transaction is expected to close in the second quarter of 2025, subject to customary regulatory reviews and approvals.

Houlihan Lokey served as the sole financial advisor to Broadstone, which has had financial support from Intermediate Capital Group since its investment in the company in April 2021. This transaction becomes Houlihan Lokey’s sixth deal in the past 12 months in the pensions, employee benefits, and insurance services ecosystem after advising:

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