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Broadstone acquires Vestigo Partners

by Muna Abdi
April 11, 2024
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Broadstone has acquired Vestigo Partners, an analytics and credit risk consultancy established in 2017.

Vestigo provides credit risk assessment, modelling, and analytical solutions for a diverse range of customers including lenders and financial investors, from large household names to non-traditional and specialist lenders.

Additionally, it offers a variety of bespoke financial modelling and commercial analytics services to guarantee data-driven decisions and actionable insight for business stakeholders.

Vestigo has evaluated and examined assets worth over £50 billion and over 50 portfolios across the UK, Europe, Asia, and Africa. The executive team at Vestigo has over 60 years of collective expertise in credit risk.

According to Broadstone, the acquisition grows its customer base and its range of credit risk and analytics services is expanded, and it gains some important lenders and investors. The Vestigo team will bolster Broadstone’s Risk Advisory, Regulatory, and Insurance division, which was formed following the company’s 2023 acquisition of OAC Ltd.

Broadstone chief executive officer Tony Gusmao says: “Vestigo Partners Limited 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.”

Vestigo partner Richard Pinch says: “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.”

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