Acquisition of Defaqto Limited by Fintel plc

Deal typeTransaction Services
IndustryFinancial Services
Client nameFintel plc

BDO has provided financial due diligence for Fintel plc on the acquisition of Defaqto.

Fintel plc the leading independent provider of outsourced regulatory and business support to the retail financial services market in the UK has acquired Defaqto Limited for £74m, a financial services fintech business that provides independent ratings on more than 43,000 financial products and funds.

"Thank you for your sterling work on this this transaction. Your team were efficient, professional, diligent and a real pleasure to work with."

Matt Timmins, Joint Group CEO, Fintel plc