Subject to regulatory approval, this week Boston Multi Family Office announced plans to support its organic growth.

Boston Multi Family Office has announced that Horizon Capital has joined Rockpool Investments as a private equity financing partner to support its plans for further growth.

Horizon Capital is a London-based specialist investor which focuses on technology and services.

Welcoming the move, Boston Group CEO Katherine Ellis said (pictured, left), “Boston MFO is currently on track to achieve its projected goals early. This has been achieved by a team effort and with the full backing of Rockpool who have been outstanding partners since 2019.”

“As the business has expanded, it is only natural that we have looked to restructure for the future to ensure we have greater flexibility and faster access to growth capital for further potential acquisitions,” she said.

“Having spent much time in discussion with Horizon Capital, we are confident that this is a good fit with our requirements and they will also work well together with Rockpool to give us the capacity to make the most of future opportunities,” she said.

Boston, which was acquired by London-based private equity firm Rockpool Investments in 2019, is a group of companies focused on servicing high net worth and ultra-high net worth individuals, including their business interests.

Adam Lewis, partner at Horizon Capital, said: “We are delighted to be supporting Boston as they continue to grow the business. We share a like-minded approach to growing high-quality services businesses.”

“The team have not only proven they can scale the business organically and make add-on acquisitions, but they can do this all whilst keeping people and the Boston culture at the heart of the business,” Guy Ellis, partner at Rockpool Investments added.

There is no change to clients as a result of the announcement and day-to-day business remains very much as usual, the group added.

Boston and the management team were advised by Mazars LLP, Taylor Wessing LLP, Stephenson Harwood LLP, Keystone Law and Jamieson.

Based in the Isle of Man, with an office in Malta, Boston MFO provides trust, corporate, and fiduciary services to corporates and family offices.

(Alex McNee, who is pictured on the right side of the photograph, is Boston's chief operating officer.)