True Potential Welcomes Major Investment From Cinven
Please note this blog post was published over 12 months ago and so may not include the most up-to-date information, for example where regulation around investing has changed.
As you may have read in our recently published half-year financial results, True Potential continues to go from strength to strength – fourteen consecutive years of growth is a testament to the strength of the company and our proposition.
We are committed to continuing that growth trend and so are delighted to announce that we have entered into an agreement with a financial sponsor called Cinven to acquire a majority stake in the business.
This investment will enable us to continue our double-digit growth in the financial services sector and to develop further our industry-leading investment technology platform.
This is a huge vote of confidence in our business and the existing management team, which is remaining in place.
Our aim in this process was always to find the right partner with the same values that would benefit our clients, financial advisers and staff. In Cinven we have found that partner.
We look forward to working closely with Cinven and continuing to lead the business as we provide the best possible service to our clients and financial advisers.