tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

InvestAcc Group Reports Strong Growth and Strategic Acquisitions

Story Highlights
InvestAcc Group Reports Strong Growth and Strategic Acquisitions

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Marwyn Acquisition Company II Ltd. ( (GB:INAC) ).

InvestAcc Group Limited reported strong financial results for the six months ending December 2024, driven by the acquisition of InvestAcc Holdings Limited and significant organic growth. The company announced a new acquisition of Platinum SIPP and SSAS businesses from AJ Bell, expected to add over 3,500 customers. This strategic move, along with a platform upgrade and a strategic partnership with Kartesia, positions InvestAcc for continued growth and market leadership. The company plans to increase product fees and invest in a high-quality Treasury Function to maximize returns for customers, with full benefits expected by 2026.

More about Marwyn Acquisition Company II Ltd.

InvestAcc Group Limited is a leading UK specialist pension administrator, focusing on self-invested personal pensions (SIPP) and small self-administered schemes (SSAS). The company aims to consolidate its position in the pension administration industry by acquiring complementary businesses and enhancing customer outcomes.

YTD Price Performance: 12.50%

Average Trading Volume: 9,658

Technical Sentiment Signal: Strong Sell

Current Market Cap: £82.15M

For a thorough assessment of INAC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1