LONDON, UK: Marwyn Acquisition Company II (MAC II) announced that Will Self has commenced his role as Chief Executive Officer – Pensions Division, to lead the identification, acquisition, and integration of pensions businesses for MAC II.
Will Self joins MAC II from Curtis Banks Group PLC (CBP:LON) where he was Chief Executive Officer. Prior to this, he was Chief Executive Officer of Suffolk Life, a division of Legal & General. He holds a variety of non-executive roles and an MBA from Cranfield.
Will Self will lead the advancement of MAC II’s stated investment strategy of seeking acquisition opportunities in the financial services sector, targeting businesses that present solutions to four interrelated themes: changing population and demographics; inter-generational wealth transfer; social and non-financial family support and concentration of wealth.
Marwyn Acquisition Company II (MAC II) intends to execute its strategy through a combination of selective M&A of platform and bolt-on businesses, potential strategic partnerships with established financial services operators, as well as ongoing operational improvements in the businesses it acquires.
Chairman Mark Hodges commented: “We are delighted to welcome an executive of Will’s calibre to MAC II to help us identify investment opportunities in the pension space at a time when it has never been more important to bring new solutions to families to manage inter-generational wealth. Will brings over twenty years of cross-functional experience leading financial services brands in the UK, including driving M&A, which will prove invaluable as we deliver our strategy for MAC II.”
Will Self added: “I am excited to join MAC II and work with the Board and the Marwyn team. There is a great opportunity to bring greater consolidation in the marketplace leading to higher quality consumer outcomes and I look forward to leading this with the MAC II team.”
Marwyn Acquisition Company II (MAC II) is an acquisition vehicle listed on the standard segment of the London Stock Exchange. The vehicle is led by Chairman Mark Hodges, who was previously CEO of ReAssure, prior to which he held senior executive plc board positions at a number of large financial services and consumer businesses including Centrica, Towergate and Aviva.
The Company is backed by Marwyn who have launched 11 previous comparable acquisition vehicles that have acquired platform businesses, which include Advanced Computer Software, BCA Marketplace, Breedon Aggregates and Entertainment One.
The company will pursue its stated investment strategy of seeking acquisition opportunities in the financial services, consumer and technology sectors.