Broadstone has acquired London-based credit risk consultancy Vestigo Partners.
Vestigo specialises in credit risk services to lenders and financial investors, alongside wider modelling, analytics and reporting services.
The Vestigo team will augment Broadstone’s insurance, regulatory and risk advisory division, established after the acquisition of OAC in 2023.
Vestigo has analysed and reviewed more than £50bn of assets, valuing over 150 portfolios across the UK, Europe, Asia and Africa and has a combined 60 plus years of credit risk experience across its management team.
Broadstone said the acquisition would “deepen and broaden the range of credit risk and analytics services that Broadstone offers while adding some key lenders and investors to its customer-base”.
Tony Gusmao, CEO of Broadstone, said: “Vestigo Partners Ltd has proven credentials in the credit risk market.
“The dynamic approach of its high-quality and experienced team aligns with Broadstone’s objective of diversifying into new, but entirely complementary, advisory segments of the market.
“We employ very talented people across the group and these new segments provide an excellent opportunity for diverse and rewarding careers, not to mention a broader skill set we can call upon for our clients.”
Richard Pinch, partner at Vestigo, said: “Broadstone’s ambitions, dedication to quality and service as well as its broad capabilities make this partnership a powerful fit. I am delighted to join Broadstone as we continue to provide a market-leading service to all of our clients and achieve our growth ambitions.”