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Announced

Marwyn to acquire InvestAcc Group for £36m.

Synopsis

Marwyn, a private equity firm, agreed to acquire InvestAcc Group, a financial services company, based in North of England, for £36m. "We have long admired InvestAcc Group, a leading UK personal pension administrator with a loyal and growing customer base. With a greater focus on savings, changing demographics and a growing reliance on the family, the pensions administration industry plays an important role in securing financial independence and security for customers over the long-term. We look forward to investing further in InvestAcc's proposition and unlocking an ambitious M&A agenda to build the UK's leading specialist pensions administrator," Mark Hodges, MAC II Chairman.

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