Isio onboards new investor for next phase of growth

08 July 2024 2 min. read
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Isio has landed a new investment from a private equity company, aimed at helping the consulting firm drive its next chapter of growth.

Established in 2020 following a carve-out from KPMG, Isio is a consulting firm specialised in pensions, rewards and investments. The firm generates revenues of just over £150 million and is regarded as one of the leading firms in its areas of expertise.

Andrew Coles, Chief Executive of Isio, said that the arrival of Aquiline Capital Partners will enable the firm to continue its “ambitious growth trajectory” with a focus on expanding its footprint, delivering value for clients, and speeding up innovation.

Isio onboards new investor for next phase of growth

“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.”

The deal will see Exponent, which has supported Isio from before its inception in March 2020 and also backed two acquisitions, exit its investment in the consulting business.

Coles: “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.”

Igno van Waesberghe, Managing Partner at new owner Aquiline Capital Partners, said the investor is delighted with the investment 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.  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.”