Lumera, an insurtech focused on life and pensions software, has agreed to acquire Acuity as it pushes deeper into the UK market and broadens its reach in public sector pensions.
The M&A deal targets capability rather than scale alone, as large schemes face tighter regulation, ageing systems, and rising expectations from members.
Acuity works on complex pension and workforce reforms across public sector schemes. Its clients include the NHS Pension Scheme, the Civil Service Pension Schemes, and multiple central government departments.
The acquisition brings policy expertise, programme delivery experience, and behavioural insight into Lumera’s UK business at a time when public sector pensions are under strain from reform backlogs and technology gaps.
Lumera says the move fits its wider push to grow in priority markets while extending advisory services around life and pensions technology.
By pairing Acuity’s consulting background with Lumera’s software platforms, the group plans to support schemes dealing with reform programmes, administration upgrades, and member communications that often fail to land cleanly.
Jonas Alfredson, CEO of Lumera Group, says the transaction adds both clients and skills in sectors that matter most to the company’s UK plans.
He points to Acuity’s experience across healthcare and central government, combined with Lumera’s technology focus, as a way to open further growth opportunities and strengthen relationships with large life and pensions providers across Europe.
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
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,” says Jonas Alfredson.
Acuity’s work centres on change programmes and evidence-led communications for public sector clients, with an emphasis on how members actually respond to pension reforms.
That focus is expected to widen Lumera’s ability to support large transformation efforts where policy decisions, system changes, and member behaviour collide.
After the deal closes, Acuity will fold into Lumera’s UK organisation, taking the local headcount to about 165 employees. Financial terms were not disclosed.
