PRESS RELEASE – PTL announces third record year post MBO

28 July 2020

PTL, the leading independent trustee and governance services provider, today announced its third consecutive year of record-breaking results since the firm’s MBO in 2017. The company reported 14% growth and £1.5 million in new business for the year to
March 2020.

Richard Butcher, Managing Director at PTL, commented: “By building a solid foundation, and committing to innovation while remaining pragmatic in our delivery, we have been able to deliver on our ambitious growth plans once again. As the industry has continued to evolve, so too has PTL. So far this year we have appointed four new client directors and launched a number of new initiatives – everything from short-term project and interim trustee support to developing a leading-edge sole trustee proposition. We are now at another turning point.

“Covid-19 has fundamentally changed the world and global economy. As an industry how we have adapted to the ‘new normal’ has been very impressive, but how we move forward and thrive in this new environment will be key. Like most organisations, we have
undertaken a risk assessment of our client portfolio and established that we have no major concerns. Our ambitious plans for the coming year remain fully on track and our expert team is poised to deliver for our clients.”

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