FRP advises MML on Cosegic deal

FRP has revealed that it has advised MML, the London-headquartered international mid-market private equity firm, on a deal with Cosegic.

MML was advised by both FRP’s Corporate Finance and Debt Advisory teams on the investment.

The investment will support the Cosegic management team’s plan to accelerate the business’ organic and M&A led growth in the UK and overseas.

Cosegic, which is also London-based and has a second office in Hertfordshire, currently employs more than 60 people and provides regulatory compliance support to financial services companies.

The investment builds on MML’s expertise in the financial services sector and people-based businesses.

Mark Farlow, partner at FRP Corporate Finance in London, said: “This deal further extends MML’s specialism and track record in supporting financial services businesses and marks a continuation of the strong appetite from private equity to invest in the sector.

“We enjoyed working with the team from start to finish on both the corporate finance and debt elements of the deal, and we’re sure this is the start of a fruitful partnership for MML and Cosegic.”

Henry Alty, investment director at MML, added: “Since first meeting the Cosegic team we were impressed by their passion and enthusiasm for supporting their clients. We look forward to working closely with the team there to support their UK and international growth ambitions.

“The support from Mark, Simon and the team at FRP Corporate Finance was incredibly valuable at every stage. Both FRP M&A and Debt advisory teams worked tirelessly as an extension to the MML deal team and we were extremely grateful for their input and expertise in managing the transaction through to completion.”