A Leicestershire tax and pensions specialist has bought out a competitor which has almost 100 staff.
WestBridge Group has acquired the staff, clients, and assets of Rowanmoor Executive Pensions Ltd (REPL) and its book of 3,500 small self-administered schemes (SSAS). The deal was done for an undisclosed sum.
It is the second big acquisition by WestBridge – which is based in Meridian Business Park – and follows the purchase of the James Hay SSAS book in March 2021. It adds to its existing book of 1,000 plans.