MML Enterprise invests in Cosegic

Arrowpoint Advisory’s Business Services sector team has advised the shareholders of Cosegic, a leading financial services compliance business on its investment from MML Enterprise.

Founded in 2003, Cosegic is a multi-award-winning provider of regulatory compliance support to financial services businesses. It supports customers through the FCA/SEC authorisation process and provides ongoing compliance support, prudential services and training. Cosegic has a team of over 60 experts complemented by a proprietary software platform. 

MML’s investment will enable Cosegic’s management team, led by CEO Philip Naughton, to accelerate their organic, international and M&A growth ambitions.

Philip Naughton, CEO at Cosegic, commented: “We are excited to have an investor in MML who deeply understands our sector and has tailored an investment to allow us to accelerate our growth. MML’s experience in internationalisation, M&A and scaling people-based businesses is a great fit for our own ambitions. We are already working in partnership to deliver our exciting growth plans.”

Philip went on to say: “The Arrowpoint Advisory team were instrumental in delivering this outstanding outcome for Cosegic. It was clear from the outset that they know our market inside out, and they impressively guided us through every step of the process. They were available 24/7 and were an invaluable support for the Cosegic team, as well as being good people who were thoroughly enjoyable to work alongside.”

Scott Bannerman, Investment Director at Ethos Partners, added: “This is an important exit for Ethos and we are incredibly grateful to the Arrowpoint Advisory team for delivering this outcome in such a professional way.”

Will Evans, Director at Arrowpoint Advisory, concluded: “It has been a pleasure to support Ethos and the Cosegic team on this important transaction for the business. In MML, the team has found an experienced and supportive backer to continue their impressive story, and we thoroughly looking forward to seeing the business thrive going forward.”

Contact the deal team