Financial Services

Finitor / Rockpool Investments

Client
Year

2022


Transaction type Debt Advisory

Sector Financial Services

“The Finitor team has created an exceptional foundation from which to grow, offering a differentiated, true partnership approach to regional firms. We are very pleased with the debt financing package put in place by Cavendish during this particularly complex transaction with the facilities providing a solid platform for Finitor to achieve its future goals.”.

BEN HUTCHINSON
DIRECTOR, ROCKPOOL

Cavendish Debt Advisory has supported Rockpool in its acquisition of leading IFA consolidation platform, Finitor Wealth. Rockpool secured senior debt facilities from ThinCats to complete the acquisition as well as two simultaneous bolt-ons to the platform. Going forward, the Group will also benefit from committed, but undrawn, debt facilities to provide additional firepower for its buy-and-build strategy.

Finitor was founded in 2018 and, through its regional partner firms, provides financial planning services to individuals, families, and businesses, who need objective assistance in organising their financial affairs to achieve financial and lifestyle objectives.

Rockpool’s investment alongside the debt funding provided by ThinCats enabled the management buy-out and the simultaneous acquisitions of two further financial planning businesses. These acquisitions brought AUA to over £1.1 billion, with the aim to continue expansion during Rockpool’s investment hold.

Alistair Hay, Partner & Head of Cavendish Debt Advisory:

“It continues to be a pleasure for us to work alongside Rockpool and we believe they have acquired a strong platform within the ever-consolidating IFA market. ThinCats demonstrated a strong understanding of the sector which enabled them to structure the optimal facility to enable the business to grow.”

Meet the deal team

  • Alistair Hay

    Alistair Hay

    Partner


    ahay@cavendish.com

    +44 (0) 20 7908 6037

  • Krishan Raval

    Krishan Raval

    Director


    kraval@cavendish.com

    +44 (0) 20 3772 4706

  • Rosie Pennell

    Rosie Pennell

    Senior Associate


    rpennell@cavendish.com

    +44 (0) 20 3772 4702

  • Peter McCague

    Peter McCague

    Senior Associate


    pmccague@cavendish.com

    +44 (0) 20 3772 4681

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