# Fintel Plc to acquire Rayner Spencer Mills Research Limited

- Link: https://www.directorstalkinterviews.com/fintel-plc-to-acquire-rayner-spencer-mills-research-limited/4121165181
- Published: 2024-07-16T07:41:40+01:00
- Author: Amilia Stone

**Fintel Plc** (LON:FNTL), the leading provider of fintech and support services 
to the UK retail financial services sector, has announced that it has conditionally
agreed to acquire Rayner Spencer Mills Research Limited (RSMR), one of the most 
recognised fund ratings and research agencies in the UK.

Fintel will acquire RSMR via Defaqto, the leading provider of financial information,
ratings and fintech, further extending its fund research and ratings capabilities
for financial services and investment professionals. The acquisition is expected
to complete in the coming months, subject to regulatory approval.

The acquisition is in line with Fintel’s strategy to expand into adjacent markets,
adding scale, IP and quality data sets to help the market understand and improve
the suitability of financial products. RSMR will be the ninth business acquired 
by Fintel over the past twelve months, joining AKG, VouchedFor, Competent Adviser,
Micap, Synaptic, Owen James, ifaDASH and threesixty on its expanded service and 
technology platform.

> **Matt Timmins, Joint CEO of Fintel, commented:**
> “RSMR’s fund ratings and portfolios are trusted by over 15,000 advisers across
> the UK. Utilising a rigorous research methodology, their ratings are a badge of
> quality, due diligence and reputation. RSMR is another strategically important
> acquisition, adding industry expertise, insight and data that is complementary
> to Defaqto’s.
> “I have worked with Ken, Geoff and the team at RSMR for a long time and hugely
> admire their research methodology, independence and dedication to the market. 
> Their history, pedigree and ambition will add significantly to our business and
> I am delighted that RSMR have chosen Defaqto and Fintel to support the next stage
> of their growth.”

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