Verso Group said today (14 October) that it had completed its “ambitious integration programme, unifying its operations across advice and investment management”.
It said this marked a significant milestone, creating a scalable platform primed for future growth.
Following a period of intense M&A activity – seven acquisitions in two years – which established its presence across the UK, Verso said it took the strategic decision to pause further acquisitions and focus on a comprehensive integration programme encompassing brand, operations, technology and its investment proposition.
The initiative, spanning 10 months, brought together the group’s acquired firms under a single brand, a streamlined operational structure, and a new investment proposition.
“With a proven integration playbook, Verso is positioned to consolidate future acquisitions seamlessly”, the statement said.
One of the project’s major achievements is the launch of a new, enhanced investment offering, providing Verso’s clients and advisers with a broader array of services designed to meet investment requirements and objectives.
This strategic development supports Verso’s goal of achieving £5bn in assets under management within the next two years.
Alan Mathewson (pictured), group chief executive of Verso said: “Our goal has always been to operate as a unified business across advice and investment management.
“As a consolidator of IFA firms, integration delivers major benefits to our business, for the Verso Group, our clients and colleagues alike. We are now perfectly positioned to accelerate our ambitious growth plans.”
