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Wren Sterling

Wren Sterling

28 July 2021

Liberty advises the management team of Wren Sterling on its significant investment from Lightyear Capital

Liberty is pleased to announce that Wren Sterling has secured a majority investment from Lightyear Capital, a New York based financial services private equity firm with a dedicated focus on asset and wealth management.

Wren Sterling is a leading UK financial advisory firm providing personal financial, investment and pensions advice to its clients.  It was created following a management buyout of Towergate Financial led by Ian Darby and supported by Palatine Private Equity in March 2015 and the intervening six years has seen Wren Sterling double its assets to £4.6bn under management and substantially increase its profitability.

Lightyear Capital will partner with the company’s management team, led by Executive Chairman Ian Darby, to continue to grow Wren Sterling organically while supporting further expansion through targeted acquisitions.  The transaction provides an exit for Palatine Private Equity and is subject to regulatory approval and customary closing conditions. 

Liberty advised Ian Darby and his team throughout the sale process.

We have secured a fantastic deal for Wren Sterling’s clients, shareholders and staff. Liberty played a crucial role in making that happen and gave us great support and advice throughout.

Ian Darby
Wren Sterling’s Executive Chairman

Wren Sterling’s management team have delivered strong growth organically and through strategic acquisitions over the past few years. It was great to work with Ian and the team and we look forward to seeing them deliver on their exciting growth plans with the support of Lightyear.

Tim Thomas
Partner
+44 (0) 7966 479556
tim.thomas@libertycf.co.uk