Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Fintel PLC on Monday said it has completed the acquisition of the Pearson Ham Group’s market pricing business, a provider of proprietary pricing data to the UK insurance industry.
The Huddersfield, England-based provider of fintech and support services said the acquisition will be earnings accretive for full year 2026.
‘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,’ commented Fintel Software & Data Chief Executive John Milliken.
The cash consideration paid of £11.0 million consists of an initial £7.5 million payment and deferred amounts of £2.0 million, payable in April and £1.5 million, payable in July.
The deal is expected to generate 2026 revenue of £2.6 million and earnings before interest, tax, depreciation and amortisation of £0.9 million.
Fintel funded the transaction from existing financial resources.
Shares in Fintel rose 3.5% to 219.50 pence each in London on Monday.
Copyright 2026 Alliance News Ltd. All Rights Reserved.