Established consulting actuaries firm to be acquired
Broadstone, an independent pensions, employee benefits, and investments consultancy, has agreed to acquire H&C
Consulting Actuaries, a firm of consulting actuaries based in York.
The acquisition, which is expected to complete later in quarter one 2023, will see H&C’s team join Broadstone’s Consulting and Actuarial division.
H&C was founded in 1999 and has an experienced team of consultants who deliver pension advice to a diverse range of corporate and trustee clients.
Once the deal completes, H&C clients, will be looked after by the same people and they will have access to the wider set of services Broadstone offers.
The transaction increases Broadstone’s footprint in the north of England, an area where the company sees significant opportunities to grow.
Broadstone’s Consulting and Actuarial division advises over 350 Trustee Boards, including their pension schemes and sponsors.
Tony Gusmao, CEO at Broadstone, said: “I am happy to welcome the H&C team and its clients to Broadstone and am looking forward to working with them to build on our York-based business.
“Broadstone is focused on offering excellent service and, when opportunities arise, investing in complementary businesses that our platform can help to grow.
“The H&C team’s focus on high-quality service and value for money for clients makes it a natural fit within the Broadstone Group.”
Gary Hatch, partner at H&C Consulting Actuaries, added: “At H&C we take pride in the first-class service we offer clients, many of which are long standing, and helping them achieve their pension goals.
“Equally, treating our staff well and empowering people’s prosperity enabling them to succeed is very important to us. Broadstone shares these values, and we are pleased to have chosen them as our partner.”
A team from Squire Patton Boggs, including corporate partners David Milne and Hannah Crosland and senior associate Nathan Bentley, advised Broadstone on the deal.
