Investacc Group Limited (INAC): Sale of Vesta and InvestAcc Ltd

This situation live

£99m · 201.0p · +7% since the first step

Disposal of a part (break-up)

Sale of Vesta and InvestAcc Ltd

Agreed; awaiting FCA approval

Next: FCA change of control approval and completion

Every step · 1

8 Oct 2026 Agreed; awaiting FCA approval – Completion of the Disposal is conditional upon receipt of change of control approval from the Financial Conduct Authority. ↗

What is happening

Investacc Group Limited: Sale of Vesta and InvestAcc Ltd – Agreed; awaiting FCA approval. ['Agreed; awaiting FCA approval']

In short: On 2026-10-08 InvestAcc agreed to sell Vesta Wealth and InvestAcc Limited (Appointed Representative services) to Edengate, owned by Vesta director Nick Gardner, for £12m EV (9.2x FY25 EBITDA). Gardner funds most of it by selling up to 12.5% of InvestAcc shares in a placing. Completion is expected by early 2027.
Announced: 8 Oct 2026 · Agreed; awaiting FCA approval
Price: £12m Enterprise Value, 9.2x FY25 EBITDA
Payment: £10m on completion; £1m on each of first and second anniversaries, no performance conditions
Buyer: Edengate Wealth Group, owned by Nick Gardner, a director of Vesta and IAL
Business sold: Vesta Wealth (financial planners, investment managers) and InvestAcc Limited (Appointed Representative services)
Conditions: FCA change of control approval
Next milestone: Completion expected by early 2027

FCA change of control approval and completion.

From the company's own announcements. Not investment advice.

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What it does, how it got here, what management promised and delivered – written from its own announcements.

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