19 January 2026
Fintel has announced the completion of its acquisition of Pearson Ham Group’s market pricing business, a leading provider of proprietary pricing data to the UK insurance industry. The total cash consideration for the Acquisition of £11.0m consists of an initial cash consideration of £7.5m and deferred consideration of £3.5m payable as to £2.0m in April 2026, and £1.5m in July 2026. The Acquisition will be earnings accretive for the full year ending 31 December 2026.
Acquired through Defaqto, the acquisition further strengthens Fintel’s Software and Data division and accelerates its strategy to become the key technology and data partner to the UK retail financial services sector. Product and pricing data, coupled with generative and agentic AI capabilities will power the growth of Matrix 360 and Defaqto ratings, delivering powerful data to product manufacturers and price comparison services.
John Milliken, Fintel Software & Data CEO commented:
“We are extremely excited about this strategic acquisition. The Pearson Ham Group pricing business is a profitable, growing, cash generative business with a rich historic data set and a strong value proposition that is invaluable to the UK insurance industry. The winners in the AI economy will be those with unique, valuable, proprietary data and expertise who can also innovate to benefit their customers. Through the combination of unrivalled product and pricing data Defaqto have the tools to help the industry to better understand and deliver consumer value.”
Matt Timmins, Fintel CEO commented:
“This acquisition is an important milestone in growing our Software and Data division. It exemplifies the type of high-quality, synergistic acquisition that we target as part of our strategy – enhancing our capabilities, deepening our market position, and reinforcing our position as the strategic technology and data partner to UK financial services.”
Stephen Kennedy, CEO PHG Market Pricing commented:
“We are delighted to become a part of the Defaqto family, because of the exciting ideas we have to grow the business and Defaqto’s proven ability to integrate and add value to the businesses they acquire. I am really excited about the strong synergies which will deliver significant benefits to the business and its clients”