Cinven completed the acquisition of a majority stake in True Potential for £2bn.

Cinven, a private equity investment firm, completed the acquisition of a majority stake in True Potential, an operator of an integrated investment and wealth management technology platform, for £2bn. “The combination of Cinven’s longstanding track record in both Financial Services and TMT, along with True Potential’s strong management team and integrated business model, will support the company’s future growth. In particular, this transaction will enable continued investment in True Potential’s financial adviser recruitment and its technology platform," Caspar Berendsen, Cinven Partner.