InvestAcc Acquires AJ Bell's Platinum SIPP and SSAS Business
Deal News | Apr 01, 2025 | Travers Smith
Travers Smith is advising InvestAcc Group on its upcoming acquisition of AJ Bell's Platinum SIPP and SSAS business. The transaction, which will include a cross-practice team with expertise in transactions, finance, financial services and markets, and tax, is expected to finalize in the second half of 2025. The deal is led by Aaron Stocks and Hugh Hutchison, with notable support from various associates and consultants across different sectors within Travers Smith.
Sectors
- Financial Services
- Legal Services
Geography
- United Kingdom – Both AJ Bell and InvestAcc Group operate within the UK, and Travers Smith, the legal advisor, is also based in the UK.
Industry
- Financial Services – The acquisition involves SIPP and SSAS businesses, which are key components of the financial services sector, focusing on pensions and investment products.
- Legal Services – Travers Smith, a law firm, is providing advisory services for the acquisition, involving complex legal and regulatory considerations.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| InvestAcc Group | Bidding Company | Company | InvestAcc Group is acquiring AJ Bell’s Platinum SIPP and SSAS business. |
| AJ Bell | Target Company | Company | AJ Bell is selling its Platinum SIPP and SSAS business to InvestAcc Group. |
| Travers Smith | Legal Advisor | Company | The law firm advising InvestAcc on the transaction. |
| Aaron Stocks | Head of Transactions | Person | Leading the transaction advisory at Travers Smith. |
| Hugh Hutchison | Corporate Partner | Person | Partner at Travers Smith supporting the transaction. |