GPC Strengthens Future Direction Through Meridian Ascend Led Transaction
The management team of GPC, formerly STM Group, today completed a buyout of the business.
The deal is subject to regulatory approval, as is standard practice.
GPC continues to deliver a secure, FSCS-protected proposition through its Gibraltar PCC structure, giving advisers confidence in both innovation and security.
STM Group was established in 1989 and was admitted to trading on AIM in 2007. After delisting from the AIM last year, the management team was presented with a further opportunity to strengthen control of GPC, ensuring stability for advisers and clients while positioning the business for future innovation.
This transaction is intended to strengthen the Group’s independence, financial resilience, and long-term strategic focus.
Leadership, governance, and day-to-day operations remain unchanged, ensuring continuity for clients, advisers, employees, regulatory authorities, and partners. The transaction does not affect existing products, policies, or client arrangements.
The transaction provides GPC with a stable platform to continue growing its pension and retirement solutions business across its existing markets, while maintaining a disciplined approach to capital management and risk.
GPC says the transaction supports continuity at a time when the pensions sector is evolving rapidly in response to regulatory developments, demographic change, and increasing demand for robust retirement solutions.
The Group believes its existing operating model, combined with management ownership, positions it well to respond to those dynamics in a measured and responsible way and continues to focus on prudent growth across its subsidiary businesses, with investment decisions guided by regulatory expectations, capital discipline, and client outcomes.
No changes are planned to staffing, client service models, or adviser relationships as a result of the transaction.
GPC has an established track record in the pensions and retirement sector and operates across multiple jurisdictions. The Group says the transaction underlines confidence in the strength of its business model and balance sheet.
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