Investment Week wrote about Augmentum portfolio company interactive investor‘s acquisition of Alliance Trust Savings (ATS):

 

“The completion of the acquisition, which was first announced in October 2018 and included the Alliance Trust office building in Dundee, brings together the two largest fixed-price retail investment platforms with combined assets under administration (AUA) of £36bn and some 400,000 customers.

Describing the completion of the acquisition as “an important milestone”, ii chief executive Richard Wilson said:

“This cements our position as the market challenger in the UK direct-to-consumer marketplace and adds essential scale to support the ongoing technology and talent investment needed to drive our customers’ service experience ever higher.”

Read more here

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