SIPP and SSAS provider and administrator InvestAcc is looking for further acquisitions following its takeover of AJ Bell’s Platinum business in 2025.
The acquisition, and organic growth, delivered a 47% rise in the number of SIPPs and SSAS (year on year) administered by the the firm to 18,329 (2024: 12,467).
Trading EBITDA (a key measure of profit) increased 62% to £6.9m (2024: £4.3m)
Revenue increased 43% to £15m, driven by 28% organic growth in core pension administrative activities as well as the acquisition.
Within its financial results, InvestAcc shared that it has multiple potential acquisitions in the pipeline focused on specialist providers, life companies and platforms.
It said that the fragmented nature of the market, and growing challenges for smaller and non-core books, were creating ‘attractive opportunities for consolidation’.
Its integration of AJ Bell’s Platinum business has seen a trading EBITDA margin of around 45% and so far has achieved £1.5m in efficiencies. The Platinum acquisition added 3,412 schemes.
Mark Hodges, executive chairman of InvestAcc Group, said: “2025 has been a year of excellent strategic progress, with the group strengthening its market position and operational capabilities. Building on the transformative acquisition of InvestAcc Holdings Ltd in October 2024, we have accelerated growth through a combination of organic expansion and the successful acquisition and integration of the Platinum Acquisition.
“The Platinum Acquisition has reinforced our standing as a leading specialist pension administrator.”
The acquisition led to a 90% increase in costs for the provider to £2.6m (2024: £1.4m), InvestAcc said the majority of the costs were related to the acquisition which is not expected to generate any further costs for 2026.
InvestAcc said it now works with 340 financial advisers generating new business.