London, 5 Nov - Debrett’s has advised Broadgate Consultants (“Broadgate”), a leading technology change consultancy, on its sale to Ortecha creating one of the UK’s largest Financial Services Technology and Data Specialists
Founded in 2010 by Richard Gale and John Vincent, Broadgate has established itself as a trusted partner to corporates undertaking major transformation programmes, with a strong pedigree in the financial services (“FS”) sector. Its team of over 150 consultants has delivered numerous complex and transformative projects spanning cyber security, operating model design, strategic advisory and sourcing management.
Ortecha is a data and AI consultancy offering a breadth of solutions to a global FS client base.
After a period of rapid growth, Broadgate’s shareholders engaged the Debrett’s advisory team to guide the sale of their business. They sought to realise part of the value created over the past decade while remaining involved as part of a larger platform. Acting as lead adviser, Debrett’s structured a deal that allowed shareholders to release a significant portion of their equity while retaining a meaningful stake in the combined group’s future growth.
The transaction creates a combined business with revenues of approximately £20 million and around 200 consultants, establishing it as one of the largest FS specialists in the UK’s technology, data and AI market.
Commenting on the deal, John Vincent, Founder, Broadgate Consultants said:
“Working with Debrett’s gave us confidence throughout this important moment. Mark, Zoe and Seb’s support ensured we could focus on the opportunities ahead while maximising value. Joining forces with Ortecha sets us up to grow faster, deliver more for our clients and strengthen our position in the financial services technology market.”
Mark Selby, Partner, Debrett’s, added:
“We are delighted to have advised Broadgate’s shareholders on this transaction. The team at Broadgate has built a highly respected consultancy with deep expertise in financial services, and it has been a privilege to guide them in realising part of their value while remaining involved in the business’s next phase of growth. This combination with Ortecha creates a leading UK specialist in technology, data and AI solutions for financial services, and we look forward to seeing the group continue to expand its impact in the market.”
Pete Youngs, CEO, Ortecha, said:
“We are thrilled to welcome Broadgate into the Ortecha family. The combination strengthens our capabilities in financial services and expands the expertise we can offer our clients. This partnership positions both teams for growth and enables us to deliver even more ambitious data, AI and technology solutions across the market.”
The Debrett’s advisory team comprised Mark Selby, Zoe Hacking and Seb Rowlands.
Other advisers included:
Max Beazley of gunnercooke, legal advice to the shareholders
Simon Poluck of TC Group, tax advice to the shareholders
Browne Jacobson LLP, legal advisers to the Buyers
Debrett’s combines its centuries-old heritage with a modern advisory platform spanning M&A, investments and executive coaching, offering founders, entrepreneurs and private clients a complete suite of services to support every stage of their personal and business journeys.
The firm is guided by a board including Darryl Eales, former chief executive of LDC; Richard Swann, partner at Inflexion and chair of its investment committee; and Richard Sanders, co-founder of Catalyst Corporate Finance (now Alantra). This leadership places Debrett’s at the heart of the UK’s mid-market dealmaking community.
