Kartesia supports InvestAcc Group’s acquisition of AJ Bell’s Platinum SIPP and SSAS business

Kartesia, the European specialist provider of financing solutions for small and mid-sized companies, is pleased to announce that it has provided a senior unitranche facility to support InvestAcc Group Limited (“InvestAcc”), in the acquisition of AJ Bell’s Platinum SIPP and SSAS business (“the Business”). The Business comprises pension administration client books which form part of the AJ Bell non-platform business.

Backed by Marwyn, InvestAcc is a leading UK specialist pension administrator focusing on ‘Full’ SIPP pension administration. The Business provides bespoke, high-quality pensions expertise and SIPP and SSAS administration to the high-net-worth segment, managing ~£3.2bn in assets under administration across 3,600 accounts. The transaction is expected to complete in the second half of 2025 following the extraction, migration, and integration of the Company’s clients onto InvestAcc’s platform.

In conjunction with this transaction, Marwyn has reaffirmed its long-term commitment to InvestAcc and its strategy by entering into a three-year lock-up agreement to maintain a minimum holding of 12.4 million InvestAcc ordinary shares, equating to 25% of the company’s current share capital in addition to the only Sponsor share. Thus demonstrating confidence in the firm’s vision and future growth.

To support the acquisition, Kartesia is providing InvestAcc with a £25.0m unitranche facility, deployed from its Senior Opportunities (“KSO”) strategy. The facility will finance the acquisition while also allowing flexibility to support InvestAcc’s broader acquisition strategy.
The deal team at Kartesia consisted of Nick Holman, Kamil Kapasi, and Ines Kateb.

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H/Advisors Maitland – Finlay Donaldson
kartesia-maitland@h-advisors.global
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