Adsure Services (LSE:ADS) has agreed a strategic plan to transform the company into a cluster of specialist professional services businesses using selective acquisitions and its proprietary AI, TIAA Insight, to expand beyond its existing trading subsidiary.
The board says the expansion will be driven by targeted buys that complement organic growth at TIAA, the Group's leading provider of advisory and assurance services, and by a group structure designed to maximise operational synergies.
"We are looking for specialist firms run by people who care deeply about their clients, and who share the values that have earned TIAA its B status," said Kevin Limn, Chief Executive Officer.
TIAA Insight, developed with the University of Essex under an Innovate UK Knowledge Transfer Partnership, has completed real‑world testing and model training and will be rolled out in TIAA while Adsure explores creating a dedicated AI services subsidiary to leverage the technology across the Group.
TIAA, a B Corp‑certified business with more than 30 years' experience serving housing, health, education and local government, will underpin the Group's governance as Adsure intends to extend B certification to group level.
Adsure says it will pursue selective acquisitions and provide further updates as it executes the strategy.
