Advising Palatine Private Equity on their sale of Wren Sterling

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We have advised Palatine on the secondary buyout of financial adviser Wren Sterling to the management team backed by Lightyear Capital LLC.

Wren Sterling, founded in 2015 through the Palatine-backed management buyout of Towergate Financial, has grown substantially over the last seven years with impressive increases in the size of the business and its profitability. During this time Wren Sterling has completed eight bolt-on acquisitions expanding its presence to seven offices across the UK.

Mark Halliwell, partner, said “We were delighted to provide advice to the Palatine team in their initial acquisition of Towergate Financial and subsequently to advise Wren Sterling on their acquisition program and on the ultimate secondary buyout to Lightyear Capital LLC. It has been a very successful investment for all concerned and we look forward to assisting Wren Sterling and its management with the next phase of their growth plans.”

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