SIPP and SSAS provider and administrator InvestAcc has sold its Chartered Financial Planner business Vesta Wealth to its management in a £12m deal.
SIPP and SSAS provider and administrator InvestAcc is looking for further acquisitions following its takeover of AJ Bell’s Platinum business in 2025.
SIPP and SSAS provider InvestAcc Group has completed its acquisition of the AJ Bell Platinum SIPP and SSAS business for £25m.
Group revenues more than doubled to £6m for InvestAcc for the six months ended 30 June (H2 2024: £2.5m).
SIPP and SSAS provider InvestAcc has reported revenues increased 16.3% to £10.5m in the six months to the end of December, up from £9m in the same period in 2023.
AJ Bell has agreed to sell its Platinum SIPP and SSAS business to InvestAcc Group for £25m, with the deal expected to complete in the second half of this year.