Category: M&A

Apex plans to acquire ZASMalta, a specialist provider of regulatory compliance and risk management services. Malta-based ZAS provides regulatory compliance and risk management, reporting and internal audit services to USD20bn of assets across 50 clients. The acquisition will expand Apex’s presence in the Malta market where the group has been actively involved in the funds…

ZEDRA, the provider of corporate and fund services, is to acquire AlleyBe, a Maltese corporate service provider, trustee and virtual financial asset (VFA) agent. The acquisition will add 25 new team members to ZEDRA’s existing business in Malta.

Apex has announced its planned acquisition of the fund services and third-party ManCo business operations of Maitland International Holdings plc, a South Africa-based fund services provider. Founded in 1976, Maitland provides fund services including administration, transfer agency and ManCo services to 120 investment managers and 25 fund sponsor clients. This client base includes traditional, alternative…

Centralis, a Luxembourg-based corporate & fund services provider, has acquired Wheelhouse Advisors, which specialises in regulatory and prudential management, regulatory reporting, accounting and tax. Wheelhouse’s solutions are designed to reduce risk, improve efficiencies and create value. It supports more than 900 clients globally, with over USD130bn of assets under reporting. The deal follows Centralis’ recent…

ZEDRA, the Switzerland-headquartered fund and corporate solutions provider, has signed a sales and purchase agreement to acquire Atlas Fund Services, a privately held fund administrator. The deal is subject to regulatory approval by the Centrale Bank of Curaçao and Sint Maarten. Founded in 2006, Atlas Fund Services provides alternative investment fund services to U.S.-based investment…

Suntera Global, the C.I.-based administrator, has acquired U.S. business Socium Funds Services. The acquisition of Socium, which requires no regulatory approval and completes with immediate effect, will strengthen Suntera Global’s offering for fund managers and provide the group with a U.S. operation for the first time, adding three North American locations to its international footprint.…

Convergence Inc. has acquired Double N Advisers, LLC (DNA). Carl Versella, DNA’s founder & CEO, will assume the role of managing director to lead its capital markets segment and its management consulting practice. DNA is an independent management consulting firm that delivers operations and business strategy to financial services companies and their service providers. Services…

PolySign Inc., the U.S.-based digital assets fintech, has agreed to acquire MG Stover, a U.S.-based alternatives administrator with >USD40bn in digital assets under administration, believed to the world’s largest. The acquisition will enable PolySign “to deliver a comprehensive, vertically integrated custody, trading and administration offering to institutional investors for cryptocurrency and digital assets”. PolySign expects…

Universal Investment Group and the shareholders of European Fund Administration (EFA) – Banque de Luxembourg, Banque et Caisse d’Épargne de l’État, Oddo BHF, Quintet Private Bank (Europe) S.A. –have entered into an agreement for the acquisition of EFA by Universal Investment Group. The transaction is subject to regulatory clearance by CSSF and is expected to…