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Marwyn Acquisition Company II Ltd. ( (GB:INAC) ) has provided an announcement.
InvestAcc Group Limited has announced the acquisition of AJ Bell’s Platinum SIPP and SSAS business for up to £25 million, as part of its buy and build strategy. This acquisition is expected to significantly bolster InvestAcc’s position in the pension administration market, increasing its Assets under Administration to over £8.5 billion. The acquisition is strategically important as it opens up new marketing channels and offers growth potential by leveraging the existing network of financial advisers and wealth managers. The transaction is expected to complete in the second half of 2025, with a comprehensive integration plan to ensure business continuity. Additionally, InvestAcc has secured a £25 million committed acquisition facility from Kartesia to finance this acquisition and support future growth.
More about Marwyn Acquisition Company II Ltd.
InvestAcc Group Limited is a leading UK specialist pension administrator, focusing on ‘Full’ SIPP pension administration. The company is known for its expertise in providing bespoke pension services, particularly targeting high-net-worth individuals. InvestAcc aims to strengthen its market position by expanding its product offerings and enhancing relationships with financial advisers and wealth managers.
YTD Price Performance: 6.67%
Average Trading Volume: 10,018
Technical Sentiment Signal: Strong Sell
Current Market Cap: £77.89M
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