Momentum Corporate, a division of Momentum Group, has acquired all shares in Verso Group Proprietary Limited (Verso), effective 1 September 2026. The acquisition brings Verso’s retirement fund administration and consulting expertise into Momentum Corporate, strengthening its employee benefits offering and supporting its long-term growth strategy.
Verso has built a strong reputation through its specialist expertise, experienced team, and longstanding client relationships. As part of Momentum Corporate, these strengths can be expanded to further develop the offering available to clients.
Dumo Mbethe, CEO at Momentum Corporate, says: “Verso has built a business grounded in specialist expertise, strong client relationships and service excellence. Bringing Verso into Momentum Corporate allows us to build on that foundation and create further opportunities to support the evolving needs of our clients.”
In the transition period Verso will continue serving its existing clients, and current service arrangements will remain in place, with both businesses focused on maintaining service continuity throughout the integration process. The acquisition supports Momentum Corporate’s continued investment in employee benefits, strengthening its ability to support employers and help retirement fund members build long-term financial security.
Subscribe to our free newsletter
Stay at the forefront of financial advisory excellence with MoneyMarketing's weekly insights. As a professional adviser, you'll receive carefully curated content that enhances your practice and client relationships without cluttering your inbox. Our commitment to delivering only relevant, actionable intelligence helps you make informed decisions that drive your business forward. Join our community of leading financial professionals today and transform your practice with our complimentary newsletter—because your success is our priority.
