Palatine Successfully Exits My Pension Expert After Strong Period Of Growth

We are pleased to announce a successful exit from My Pension Expert, the UK’s leading at-retirement adviser.

We made the original investment from our fourth Buyout Fund and first Impact Fund. This exit has generated a circa 5x return for investors. Our team supported Doncaster-based MPE through a four-year period of strong organic growth, achieved following significant investment in people, technology, data and AI, and supplemented that with strategic M&A. Our in-house Sustainability team also worked closely with management on MPE’s successful B-Corp application.

My Pension Expert is dedicated to addressing the UK’s persistent “advice gap” by providing regulated, individualised retirement advice to mass-market consumers in the UK. As the leading scaled provider targeting this under-served segment of the financial advisory sector, the firm has achieved significant growth by meeting the increasingly complex needs of mass-market savers who can’t otherwise access financial advice.

My Pension Expert has delivered more than 40% organic revenue growth since 2023 and today serves approximately 20,000 clients with around £2 billion of assets under administration.

Leveraging our experience in financial services we supported My Pension Expert with two strategic acquisitions and a further six client book acquisitions as the business scaled.

It also supported a significant technology investment project to enhance the customer experience and drive efficiency through the business, enabling My Pension Expert to service 10,000 more customers, supporting financial inclusion.

Following the exit My Pension Expert will move to the next stage with Valeas Capital Partners as its new partner.

Andrew Megson, Founder and CEO of My Pension Expert, said: “Palatine have been brilliant partners for My Pension Expert, and I’m incredibly proud of what we have achieved.

“We’re excited to partner with Valeas as we enter the next phase of our growth journey and strengthen our mission to provide regulated financial guidance to people the market has historically overlooked. Their investment and expertise will give us the flexibility to continue building the business, accelerate innovation, and expand our reach. I’m excited about what we can achieve together.”

Kieran Lawton, who led the investment for Palatine, added: “Andrew and his team have done an outstanding job over the past four years growing the business and helping it reach its full potential. We’ve thoroughly enjoyed supporting the Group which is on track to become one of the UK’s most highly trusted and fastest-growing pensions advisory businesses.”

Beth Houghton, Partner and Head of Palatine’s Impact Fund, added: “As an investor who sees private equity as a force for good in society we have been thrilled to see My Pension Expert making such great progress on its mission to support financial inclusion as it added thousands of customers while also investing in its own team, which has doubled to 130 over the last four years. As a B- Corporation company ourselves, we were also delighted to support My Pension Expert through their successful B-Corporation assessment process.”

The deal is expected to be completed later this year pending approval from the Financial Conduct Authority. My Pension Expert was advised by Ardea Partners International LLP and Valeas Capital Partners was advised by Hines Associates.

We were advised by law firm Gateley, Deloitte (vendor financial and tech due diligence), LEK (vendor commercial due diligence) and Thistle (regulatory due diligence).