NorthRow Begins Strategic Review Amidst New Growth Strategy
Deal News | Apr 20, 2025 | Lazarus Consulting
NorthRow, a leading UK regtech platform, has announced the implementation of a Product-Led Growth strategy, replacing its previous Sales-Led approach. The company has also launched a strategic review intended to guide its future development both domestically and on a global scale. NorthRow, known for its high-caliber AML, KYC, KYB, and ID&V software solutions, aims to leverage its technology to secure faster customer growth. A key component of the strategic review will be the consideration of various business options, including growth investments or a complete sale. Lazarus Consulting will exclusively handle the advisory role for this process. The strategic review aligns with NorthRow's objective of accelerating business growth and potentially partnering with strategic entities.
Sectors
- RegTech
- Financial Services
- Corporate Finance Advisory
Geography
- United Kingdom – NorthRow is a UK-based company, and the strategic review and business activities primarily involve the UK market.
- International – NorthRow aims to expand its operations internationally, as part of its new strategic initiatives.
Industry
- RegTech – NorthRow operates within the Regulatory Technology (RegTech) sector, providing software solutions for AML, KYC, KYB, and ID&V, aimed at reducing compliance burdens in regulated industries.
- Financial Services – NorthRow's client base includes companies in financial services, which require compliance with regulatory standards, thus relevant to the article.
- Corporate Finance Advisory – Lazarus Consulting is a boutique advisory firm providing corporate finance services, relevant due to its advisory role in NorthRow's strategic review.
Financials
- Over 17 million – Total funds previously raised by NorthRow from leading VC investors.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| NorthRow | Target Company | Company | A UK-based regtech platform providing compliance solutions through its AML, KYC, KYB, and ID&V software. |
| Lazarus Consulting | Corporate Finance Advisor | Company | A boutique advisory firm handling NorthRow's strategic review focused on M&A and corporate development. |
| Andrew Doyle | Executive Chair & CEO of NorthRow | Person | Oversees the strategic direction and management of NorthRow. |