Dynamic Planner has received what it terms as “a significant investment” from private equity firm FPE Capital.
The investment from FPE will back the current management team and help accelerate the growth of Dynamic Planner and the delivery of its ambitious plans in the UK and Europe.
Dynamic Planner said it has been growing rapidly in recent years, now serving almost 40% of wealth advice firms and over 150 asset managers, profiling over £250 billion of assets via its SaaS platform.
Headquartered in Reading, the company employs over 100 people and is on track to pass £10m in annual recurring licence revenues this year.
In the last 12 months it has launched a raft of upgrades to ensure Dynamic Planner and its open API is the one end-to-end financial planning system firms need in a hybrid world.
Earlier this year it appointed Christophe Ponette as European managing director based in Luxembourg to lead the company’s continental expansion.
FPE Capital has a track record in backing SaaS businesses with a focus on market leading, quality products and strong, client focused, cultures.
Ben Goss, CEO at Dynamic Planner (pictured) said: “As a fast growing, privately owned company we were looking for an institutional investor partner to help us take the business to the next level in the UK and internationally. Our selection of FPE was based not just on their track record of backing software companies that successfully scale, but also on their team who we feel share our values.
“From the outset FPE understood the value that Dynamic Planner brings to our clients and industry as an independent provider of technology and asset risk modelling serving a growing community in the wealth management sector who trust and rely on us.
“They also share our vision for solving our industry’s major challenges through technology such as process digitisation, customer experience, investing sustainably for future generations, and omni channel financial planning in a post pandemic world.
“This investment allows us to progress our industry for the better and as a management team we look forward to sharing the benefits of this collaboration with our clients and team in the months and years ahead.”