Broadstone Group acquires pensions firm

Broadstone Group, one of the UK’s leading employee benefits and pensions consulting businesses, has acquired Redditch-based Quattro Pensions to support its growth in the occupational pension schemes market.

Quattro Pensions specialises in actuarial and scheme administration services which will complement the service offering and geographical reach of Broadstone Group.

Liz Loosmore, founder director at Quattro commented “Finding a partner who shared our values was very important to the Quattro leadership team. We have worked closely with the Broadstone Group for many years and we’re confident that now is the right time to join forces with them.”

Gareth O’Hara, senior partner at the Wilkes Partnership’s Corporate Team based in Birmingham, advised Quattro Pensions.

He said: “We’re very pleased to have been able to help the shareholders of Quattro take this very significant step. They’ve worked incredibly hard over the last twenty years to build a reputation that is respected throughout the industry. Becoming part of the Broadstone Group will be beneficial to their clients and staff.”

Helen Smart, solicitor at the Wilkes Partnership said “It’s been pleasure working with the Quattro team to complete this deal. The team worked hard to bring the transaction to a close in the time scale required.”

Nicola Davies and Claire Lea of Prime accountants provided tax advice on the deal.