Broadstone has acquired credit risk and data analytics consultancy Vestigo Partners Limited in an effort to boost its credit risk and analytics capabilities.

Vestigo, which was established in 2017, specialises in providing credit risk services to lenders and financial investors, as well as wider modelling, analytics and reporting services.

It also offers bespoke commercial analytics and financial modelling services that aim to ensure data-driven decisions and actionable insight for business stakeholders.

Vestigo’s team will look to strengthen Broadstone’s insurance, regulatory and risk advisory division, which was established following the acquisition of OAC in 2023.

Broadstone stated that the acquisition “deepens and broadens” the credit risk and analytics services that it offers, and adds some “key lenders and investors” to its customer base.

Vestigo has analysed and reviewed over £50bn of assets, valuing over 150 portfolios across the UK, Europe, Asia and Africa, and has a combined credit risk experience of more than 60 years across its management team.

Commenting on the announcement, Broadstone chief executive officer, Tony Gusmao, said: “Vestigo Partners Limited has proven credentials in the credit risk market. The dynamic approach of its high-quality and experienced team aligns with Broadstone’s objective of diversifying into new, but entirely complementary, advisory segments of the market.

“We employ very talented people across the group and these new segments provide an excellent opportunity for diverse and rewarding careers, not to mention a broader skill set we can call upon for our clients.”

Vestigo partner, Richard Pinch, added: "Broadstone’s ambitions, dedication to quality and service as well as its broad capabilities make this partnership a powerful fit.

“I am delighted to join Broadstone as we continue to provide a market-leading service to all of our clients and achieve our growth ambitions.”

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