The 7oceans M&A Alliance is pleased to announce that its UK member firm, Provantage Corporate Finance, has advised Pearson Ham Group on the sale of its insurance market pricing data business to Fintel plc, a leading provider of software, data and services to the UK retail financial services sector
Pearson Ham’s insurance pricing data has been developed over many years and is widely recognised across the market, supporting many of the UK’s leading insurers with robust, proprietary insights into pricing dynamics
Following completion of the transaction, Pearson Ham’s insurance pricing data capabilities will be integrated into Fintel’s Defaqto business. The data will complement Defaqto’s existing product intelligence platform, Matrix360, further strengthening its offering to retail financial services providers and supporting Fintel’s strategy to become a key technology and data partner to the sector
This transaction represents a significant strategic milestone for Pearson Ham and highlights the growing importance of high-quality data assets within the financial services ecosystem
The deal also reflects Provantage Corporate Finance’s continued experience advising data-led and technology-enabled businesses on strategic transactions, following its recent advisory role to aviation data specialist RDC on an investment from Northcote Equity