Just

Just is a specialist UK financial services business that provides financial solutions to people either in or approaching retirement.

Find out how we supported Just in becoming the leader in retirement income solutions.

Together we achieved

  • Transforming Just into a leader in retirement solutions, leveraging a multitude of secular trends in the UK market
  • A enterprise value of £1.4bn and assets under management greater than £15bn
  • Listing the company on the London Stock Exchange
  • Strengthening Just’s management team into a leadership for the future

This was accomplished by

  • Accelerating and expanding the Group’s product range and opening new distribution channels
  • Merging with Partnership Assurance (2016) to form JRP, the largest provider of Guaranteed Income for Life in the Open Market and achieved run rate synergies at exit of £52m, 30% ahead of target and a year ahead of schedule
  • Successful rebranding to Just following the completion of the merger
  • Shifting the pricing to a more disciplined model with higher margins

www.wearejust.co.uk

The metrics

2009

Acquisition year

2018

Exit year

305

Employees at entry

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1,091

Employees at exit

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Sales1

Sales at entry - £754m
Sales at exit - £2,683m