FPE Capital (FPE), a software & services focused lower mid-market growth investor, has led the first institutional investment into Dynamic Planner, a software provider to the UK wealth management sector.
This marks the second investment from FPE Fund III, the successful final close of which was announced in May at a raised hard cap of £185 million.
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 has been growing rapidly in recent years and now serves almost 40% of UK wealth advice firms and over 150 asset managers, profiling over £250 billion of assets via its SaaS platform. Headquartered in Reading, UK, the company has grown to over 100 employees and is on track to pass £10 million 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 leading end-to-end financial planning system for a hybrid world.
FPE Capital has a successful track record in backing SaaS businesses with a focus on market leading, quality products and strong, client focused, cultures. The business is run by an experienced management team, led by Ben Goss as CEO, and FPE’s investment will help to accelerate growth with the launch of new products for the company’s core market.
