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Financial Services

The Responsible Group has sold a 30% stake to Royal London

Equity release specialists Responsible Life and Responsible Lending (the Responsible Group) have sold a 30% stake to The Royal London Mutual Insurance Society Limited (Royal London).

Based in Plymouth and founded in 2010, the Responsible Group is a leading broker and correspondent lender in the later life lending (equity release) industry, with a number of leading distribution partnerships including Aviva and the Telegraph Media Group. Its pioneering ‘Later Life Lending’ scheme is the most compliant form of addressing equity release, with market-leading systems and controls adhering to exceptional conduct standards.

For Royal London, the UK’s largest life, pensions and investment mutual, the acquisition will offer participation in one of the fastest growing markets in financial services. The later life lending sector offers alternative options to those at retirement age who hold equity in their properties and who wish to supplement their pensions saving.

Oaklins Cavendish, based in the UK, advised equity release specialists Responsible Life and Responsible Lending (the Responsible Group) on the sale of a 30% stake to Royal London.

Service
M&A sell-side
Parties
“We were delighted with our decision to engage with Oaklins Cavendish to advise us on our plans to bring inward investment into the group. The team brought such complementary skills to our internal deal team. They calmly helped us navigate through all stages of the process, due diligence and through to completion. They were a pleasure to work with and I’d highly recommend them.”

Steve Wilkie

Chairman and Co-founder, the Responsible Group

Talk to the deal team

 Peter  Gray

Peter Gray

Partner

London, United Kingdom
Oaklins Cavendish
 James  Ellis

James Ellis

Partner

London, United Kingdom
Oaklins Cavendish
 James  Baker

James Baker

Senior Associate

London, United Kingdom
Oaklins Cavendish

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