The latest acquisition news from Lumera;
Lumera, a leading insurtech company dedicated to the digital transformation of the European Life and Pensions industry, has entered into an agreement to acquire Acuity, a consultancy firm serving the UK market, specialising in complex pensions and workforce reforms for public sector pension schemes.
The firm has longstanding relationships with some of the UK’s largest pension schemes, including the NHS and Civil Service Pension Schemes, as well as central government departments, providing the team with deep insight and access to the heart of pensions policy and delivery.
“Joining forces with Acuity adds major new clients and capabilities, in line with our strategy to strengthen our foothold in strategically important sectors in key markets,” says Jonas Alfredson, CEO, Lumera Group. “Combining their proven expertise across health, central government and other public sector bodies, with our technology prowess will create new opportunities for further growth in the UK, enhance our client offering, help attract more clients, while reinforcing our commitment to being a trusted advisor to some of the biggest Life and Pensions providers across Europe. I am delighted to welcome their experienced and dedicated team to our business.”
Acuity delivers services across central government and the public sector, blending pensions knowledge with behavioural insight to deliver better outcomes for pension schemes and their members. Their team brings a deep experience of delivering high-profile projects for public sector clients, from major change management programmes to evidence-led communications strategies and campaigns.
“We are delighted to become part of Lumera,” says Pippa Campbell, Director of Programmes, Acuity. “Our shared values of simplifying complexity and customer-first thinking in the complex world of pensions make Lumera the perfect partner for our consultancy team. We’re excited to bring our experience of programme management and behavioural insight to Lumera’s portfolio and look forward to helping shape the future of pensions advisory and pensions administration.”
Following the acquisition, Acuity will join Lumera’s UK organisation, which will then expand to around 165 employees. Financial terms of the transaction are not disclosed.
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