TrustQuay, the UK-based technology provider to the global trust, corporate and fund services industry, has announced that Hg, a leading software and services investor, has become the majority investor in the business. As part of the transaction, the TrustQuay management team will continue in the business whilst the former majority owner, Silverfleet Capital, has fully exited its position.
TrustQuay provides entity management, client accounting, practice management, compliance and workflow software for trust, fund and corporate service providers around the world. It serves >360 clients and 26,000 users in over 30 jurisdictions, through eleven offices worldwide.