In a significant move that strengthens our position in the financial services sector, The UAP Group has acquired a strategic stake in Enhance Group Limited, a premier investment monitoring and advisory boutique based in Jersey.
The transaction, completed on December 9th, 2024, is part of a broader ownership restructuring at Enhance that sees its staff increase their equity participation to approximately 80% of the business. This aligns perfectly with UAP Group’s philosophy of supporting owner-managed businesses in the financial services sector.
Our Commercial Director and incoming NED at Enhance, James Floyd, highlighted the strategic value of this partnership: “Rob Shipman and I have known the team at Enhance for almost a decade and have worked successfully together in various guises. We believe that Enhance’s approach to delivering fiduciary-focused investment governance services to professional advisers and their clients is best-in-class, with broad application in the global pension sector.”
The synergy between our organisations is further strengthened by shared leadership, with Lyndon Trott, UAP’s Chairman and Guernsey’s Chief Minister, also serving as Enhance’s longstanding Chairman. Speaking about the transaction, Trott expressed his enthusiasm: “On behalf of Enhance and UAP, I could not be more pleased to conclude this transaction. Both businesses have a culture of independence and owner management and there is considerable scope to deploy Enhance’s cutting-edge Mosaic technology and Monitoring and Consultancy services into UAP’s growing financial services portfolio.”
This strategic investment comes at an exciting time for Enhance, which has reported record revenue growth and profitability in 2024. The company’s focus on optimising performance for fiduciary, family office, and charity investors through independence, expertise, and technology aligns perfectly with UAP Group’s vision for the future of financial services.
The transaction received regulatory approval from the JFSC on December 3rd and represents another significant step in UAP Group’s mission to invest in and support innovative, independently-minded financial services businesses in the Channel Islands and beyond.
We look forward to working closely with the Enhance team and supporting their continued growth and success in the investment monitoring and advisory space.
