Leicester-based company, Westerby Trustee Services Limited, a specialist self-invested personal pension provider for individuals and businesses, has acquired Corporate & Professional Pensions (CPPL).
The completion of the deal came about after Weymouth-based CPPL entered administration earlier this year. The acquisition means that all CPPL staff will transfer to Westerby, marking a new era of growth for the firm, which is based in Leicester city centre.
Commenting as the acquisition was announced, Westerby Group Managing Director Steve Harvey said: “We are delighted to announce our acquisition of CPPL. CPPL has great synergy with Westerby as it provides a high level of service to its customers in the specialist area of Self Invested Personal Pensions (SIPP) and Small Self Administered Schemes (SSAS). So, we are very much looking forward to this exciting new chapter as CPPL becomes part of the Westerby brand.”
The retention of CPPL’s Weymouth office and staff will provide a continuity of service whilst the two businesses are integrated.
“We would like to extend a warm welcome to all of the CPPL clients and professional connections and offer reassurance that the transition process will be smooth with no disruption to the service they are accustomed to receiving,” adds Steve Harvey. “Not only that, we look forward to CPPL’s staff and clients joining us as we will all benefit from their integration into the Westerby brand.”
Westerby Group chairman Les McLintic added: “As a company, Westerby has been growing organically for over 30 years. This acquisition will not only enhance our growth strategy, but it will also contribute to our long-term future strength in the industry.”
