Lightyear Capital completed the acquisition of Wren Sterling from Palatine Private Equity.

Lightyear Capital, a private equity firm focused on leveraged buyout, completed the acquisition of Wren Sterling, a financial advice and financial planning firm, from Palatine Private Equity, an independent private equity firm. Financial terms are not disclosed. “The UK wealth management market is large, growing, and fragmented, and, as an independent platform with integrated and specialized solutions, we believe Wren Sterling is well-positioned to address the increased complexity of financial planning. Wren Sterling is an outstanding firm delivering great value to its personal and corporate clients across the UK,” Max Rakhlin, Lightyear Managing Director.