Isio has secured a majority investment from Aquiline Capital Partners, a private investment specialist in financial services and related technologies and a key investor in the retirement and wealth management sectors, to support the next phase of its growth.
Isio has grown by double digits for four years with 1,200 people and 10 offices since its launch in 2020. The investment will help Isio continue its growth by expanding services, developing new practices, and strengthening advising skills through targeted M&A and talent acquisition.
Isio chief executive Andrew Coles says: “We have had an exceptional four years working in close partnership with Exponent from the carve-out and set up phase and to then support us and to grow our business, creating opportunities for our people and clients. We are grateful for their belief and support which has enabled our success today. Our clients and our people have responded well to Isio bringing a bold and innovative approach to the market with a willingness to do things differently.
“This new investment from Aquiline will enable us to continue the journey of bringing high quality service and better outcomes to our clients. Key to this is having a culture that appeals to the best talent in the sector with long-term, high quality career opportunities. I am personally excited about the future and look forward to continuing to lead Isio in its next phase of evolution and growth.”
Aquiline managing partner Igno van Waesberghe says: “We are delighted to be investing in Isio. It operates in sectors where we have extensive experience and deep networks.
“Isio is a business we have admired and got to know well, not simply as an investment, but first as our advisor and then our partner. We have been particularly impressed by the depth of their expertise in creating better outcomes for clients. It has delivered impressive organic growth and successful expansion through strategic M&A. We look forward to working with Isio’s management team to continue to develop their offering, diversify the business, and support them in further accelerating growth.”
Exponent partner Tim Easingwood says: “Isio’s journey, from the original carve out and stand up of the independent business in 2020, to the powerful advisory business of scale today, has been hugely gratifying to be part of. During our investment, Andrew and the management team have created a market-leading proposition centred on exceptional client service and an entrepreneurial approach, resulting in strong growth and an exciting outlook. We are confident that Isio will continue to thrive with Aquiline’s investment and keep delivering on its ambitious goals. We wish the whole Isio team every success in the next stage of the business’ exciting journey.”
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