Chiltern Capital invests in PES

Home/- All Deals, Due Diligence, Fundraisings/Chiltern Capital invests in PES
Chiltern Capital invests in PES 2018-09-27T08:38:11+00:00

Project Description

HMT LLP advised Chiltern Capital in a growth capital investment in employee benefits and HR support provider Premier Employer Solutions Ltd (“PES”).

PES was founded as an employee benefits consultancy and started to focus on designing a SaaS employee benefits solution for smaller and mid-tier businesses in 2011. Since then PES has been offering clients an integrated employee benefits solution with an evolving, user-focused platform, expert benefits advice, employee communications, full back-office administration and an award-winning broking service.

PES has won many awards over the years including Health Insurance Adviser of the Year.

Chiltern’s investment will enable the business to broaden its sales & marketing team to support further client growth. Chiltern Partner Jonathan Marlow joins the PES board.

HMT undertook financial due diligence on this transaction.

Jonathan Marlow, Partner at Chiltern commented:

“As investors, we focus on exciting businesses ready to take the next step. PES fits this profile perfectly. Over the last few months we have got to know Ian and the team well and we’re looking forward to supporting the business to develop. HMT produced a thorough and thoughtful report in a timely manner and their professionalism played a key role in successfully completing the transaction.”

Paul Read commented:

“We are delighted to have advised Chiltern on their investment in PES. With Chiltern’s help, the business will be able to enhance their technology platform and achieve their ambitious growth plan. We look forward to working with them again in the future.”