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InvestAcc Acquires AJ Bell’s Platinum SIPP and SSAS Business

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Marwyn Value Investors ( (GB:MVI) ) has provided an announcement.

Marwyn Value Investors Limited announced that InvestAcc Group Limited has agreed to acquire AJ Bell’s Platinum SIPP and SSAS business for up to £25 million. This acquisition is expected to strengthen InvestAcc’s position in the pension administration market, enhancing its service offerings. Marwyn Investment Management LLP has shown its commitment to InvestAcc by entering a three-year lock-up agreement, maintaining a significant shareholding, which underscores confidence in InvestAcc’s growth strategy.

More about Marwyn Value Investors

YTD Price Performance: 18.12%

Average Trading Volume: 17,735

Technical Sentiment Signal: Sell

Current Market Cap: £60.69M

For an in-depth examination of MVI stock, go to TipRanks’ Stock Analysis page.

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