The funding from BGF will enable Twenty7tec to accelerate its product development roadmap, enhance its technology infrastructure, and explore new market opportunities. The investment will also support the company in further expanding its team of industry experts, ensuring it continues to deliver exceptional service and innovation to its growing customer base.
BDO's advisory teams collaboratively supported Twenty7Tec in securing the investment providing financial vendor due diligence and tax due diligence services.
"Since founding the business in 2014, we have consistently strived to revolutionise how financial advisers of all types use technology to deliver exceptional advice to their clients. There are few tech businesses that can be said to operate successfully across the entire advice market, but we have broken that mould. Today, we provide technology to some 16,000 advisers across the country who, in turn, look after millions of end clients across mortgages, protection and investments."
James Tucker, CEO, Twenty7Tec Group Limited
"BDO were delighted to assist Twenty7Tec in securing the investment by BGF, which will allow Twenty7Tec to accelerate its product development roadmap, enhance its technology infrastructure, and explore new market opportunities."
Andy Harris, Partner, BDO LLP
The BDO project team included:
Andy Harris, Mark Jones, Mike Duncan, Alex Luker, Daniel Anderson (Financial vendor due diligence)
Rosalind Payne and Jonathan Bernardi (Tax)