3 November 2025 – InvestAcc Group completes acquisition of AJ Bell’s Platinum SIPP and SSAS business. Learn more.

Our Business

  • InvestAcc Group Limited is a multi-award-winning leader in the UK's specialist pensions administration industry, providing Self-Invested Personal Pensions (SIPP) and Small Self-Administered Schemes (SSAS) through its subsidiary businesses
  • Since formation in October 2024, our goal has been to build the UK’s leading specialist pension administrator in the public markets with a focus on providing unparalleled value and service to customers
  • We are carefully pursuing this by creating a resilient and customer-centred leader through a targeted “buy-and-build” mergers and acquisitions (“M&A”) strategy, strategic partnerships, and running high quality underlying operations
  • We completed the first step on our growth journey with the acquisition of InvestAcc Holdings in October 2024, and we announced our agreement to acquire AJ Bell’s Platinum SIPP and SSAS business in March 2025
  • Following the completion of the AJ Bell Platinum businesses, expected in H2 2025, we will have a market leading position in “Full” SIPP administration, with Group AuA of approximately £8.5bn across 16,000 SIPP & SSAS schemes

    • See our key investment highlights below.

Key Investment Highlights

Five key long-term macroeconomic trends are creating a need for greater long-term saving flexibility, lending itself to a growing SIPP market: ageing population and changing demographics; trapped and concentrated wealth, primarily in pensions and property; increasing family reliance as the cost to make key life steps is becoming harder; large intergenerational wealth transfer expected over the coming decade; and UK regulatory pressure for higher levels of consumer duty and consumer care.

Unlike much of the wealth and savings market, we have a stable and consistent revenue stream that is primarily driven by simple annual recurring and activity-based fees, alongside high levels of customer retention at c.96%, and strong levels of organic growth (see our latest trading update here). The average SIPP plan in the market lasts over 25 years, with embedded growth through contractual inflation-linked fees creating high customer lifetime value. Industry average EBITDA margins exceed 30%, with strong cash flow conversion.

There is a unique M&A landscape for acquiring "Full" and "Simple" SIPP administrators: fragmented supply side of the SIPP market; no large players are actively consolidating; SME owners are in the late-stage of their careers seeking succession plans; many larger firms are divesting as complex SIPP is not their strategic focus; high levels of regulatory pressure are pricing out smaller players unable to meet operational requirements.

InvestAcc Pension Administration Limited is a high performing, multi-award-winning UK personal pension administrator. In FY24, InvestAcc generated £10.5 million in revenue and £4.2 million in trading EBITDA (unaudited three-year pro forma trading summary), achieving a 16% compound annual growth rate in EBITDA between FY22 and FY24 (see here for further detail). Our highly engaged staff consistently provide excellent customer service, evidenced by broad industry recognition:

  • Moneyfacts Best SIPP Provider for 2024 (fifth time winning)
  • Moneyfacts Best Pension Services for 2024 (fifth consecutive time winning)
  • FT Adviser 5 Star Pensions and Protection Advisor for 2024 (seventh time winning).

Disciplined Value Creation: We are targeting consistent inorganic value creation through M&A:

  • Acquisition pricing at 5-8x EBITDA
  • Cost synergies of 30% at a delivery cost of 1-1.5x
  • Concurrent transaction delivery: The Leadership Team is in active discussions regarding four potential acquisitions under NDA.

The management team has over 100 years of combined operational and strategic experience in the financial services and wealth sector, with a strong track record in M&A and Public Markets (learn more about the team here). The Group is supported by Marwyn's M&A and capital markets expertise, who have successfully raised over £4.0 billion across 13 comparable vehicles (including InvestAcc Group), delivering £6.2 billion in gross equity profits for investors.