Leading SIPP Provider

Expressions of Interest Due:

Thursday 30 June 2022 at 2pm BST



DOWNLOAD NDA HERE

Project Autumn

Hilco Valuation Services (‘’Hilco’’) is seeking offers to acquire the business and assets of a leading FCA-regulated self-invested personal pension (SIPP) operator that manages in excess of 20,000 SIPPs (“the Company”).

Established c. 40 years ago as a small self-administered schemes (SSAS) provider, the Company has since expanded and diversified its offering, and today provides a growing range of pension solutions, including ISAs, qualified non-UK pension schemes (QNUPS) and qualifying recognised overseas pension schemes (QROPS).

The Company is a highly-regarded SIPP provider, with several partners having opted for white-label Company products. Key to the its growth has been the investment in developing its proprietary technology, which is integral to the offering.

In the financial year ending 30 April 2021, revenue of c. £7.5m was generated with a gross profit of c. £7.3m. Pre tax profit c. £2.4m. 10 months T/O to 28 Feb 22 c. £6.1m, operating profit c. £2.1m.

This acquisition opportunity presents a prospective buyer with the opportunity to purchase a leading pension provider with an enviable client roster and a proven track record of success.

Sale Process

Please note that we are instructed to undertake an accelerated marketing campaign and the deadline for expressions of interest is Thursday 30 June 2022 at 2pm BST.

Should you be interested in pursuing this opportunity please sign and return the attached confidentiality agreement to apercival@hilcoglobal.eu

CLICK HERE TO DOWNLOAD NDA

Key Terms & Conditions

The bidder acknowledges that Hilco acts as an agent for the proposed administrators who offer for sale only what right, title and interest the Company possess in the assets. Such sale will be without any warranties, expressed or implied. The information provided has not been verified by Hilco or the proposed administrators and bidders are deemed to have carried out their own due diligence.

Contacts

Nick Hughes MRICS

Director

London Office

+44 (0) 7979 541238

nhughes@hilcoglobal.eu

Alexander Muir

Analyst

Glasgow Office

+44 (0) 7593 562917

amuir@hilcoglobal.eu

Roland Cramp MRICS

Senior Director

London Office

+44 (0) 7710 152668

rcramp@hilcoglobal.eu