-+ 0.00%
-+ 0.00%
-+ 0.00%

InvestAcc Group to Divest Wealth Management, Appointed Representative Services Businesses

MT Newswires·10/09/2026 01:37:12
Listen to the news
01:37 AM EDT, 10/09/2026 (MT Newswires) -- InvestAcc Group (INAC.L) plans to sell its wealth management business, Vesta Wealth, and its appointed representative services business, InvestAcc Ltd., to Edengate Wealth Group for 12 million pounds sterling. Edengate Wealth is owned by Nick Gardner, a director of Vesta Wealth and InvestAcc Ltd., according to a Thursday filing. The sale will enhance the London-listed financial services company's financial flexibility, allowing it to invest in its core pension administration business. Subject to the Financial Conduct Authority's approval, the deal is expected to close by early 2027.