Broadstone has agreed to acquire Rockstead, one of the longest running specialist suppliers of governance, risk and consultancy services to the financial services sector.
The transaction is expected to strengthen Broadstone’s Banking & Credit Advisory division, which provides credit risk, data analytics and modelling services.
The capability was expanded following the consultancy’s acquisition of Vestigo in 2024.
The firm further broadened its proposition in 2025 with the introduction of a regulatory analytics practice aimed at banks, lenders, private equity firms and other financial investors.
Rockstead provides actuarial and analytical services including due diligence, loan book analysis, underwriting support, servicer oversight and compliance work within regulated financial services markets.
The acquisition also adds scale to Broadstone’s existing advisory offering and brings a client base that ranges from global tier one banks to specialist lenders.
Since 2008, Rockstead has conducted independent reviews and due diligence analysis on more than £400bn of loans across the UK and Europe.
Its clients include investment and retail banks, hedge funds, building societies, private equity firms, non-bank lenders and asset managers, as well as insurance companies and pension funds.
The firm works across sectors including residential, later life and commercial mortgages, bridging and development finance, motor and consumer lending, asset finance, buy now pay later products and credit cards.
Tony Gusmao, chief executive officer at Broadstone, said: “Our Banking & Credit Advisory business is growing rapidly as we build an excellent team to help banks and investors make stronger, data-driven lending decisions.
“The acquisition of Rockstead builds on this momentum by bringing a blue-chip client base, global scale and an experienced leadership team that complements our existing capabilities.
“It adds to our strong confidence in this strategically important industry offering, as we look to fulfil our ambitious growth potential.”
Brian Pitt, executive chairman at Rockstead, said: “As one of the founders of Rockstead, it has been a pleasure to lead our growth over the past two decades, becoming the longest running specialist supplier of risk consultancy and management services to regulated financial services markets.
“Broadstone is a natural home for our business as we look to scale up our services and help our clients face the future with the very best experience and expertise.”
John Barbour, chief executive officer at Rockstead, said: “We are delighted to join Broadstone at a critical time in our growth trajectory, as demand grows for a trusted and independent partner.
“We see a strong cultural alignment with Broadstone and share their dedication to providing a high-quality and truly independent service to support and empower customers.
“By joining forces we can leverage our shared expertise and experience to help our clients navigate a complex and nuanced value chain.”
