Equiom has completed two key acquisitions, strengthening its presence in Europe.
The acquisition of DF Corporate Services Ltd, a licenced trustee and fiduciary company based in Malta was completed on September 26 and Carey Group Monaco, a trust and fiduciary business, was completed on September 28.
DF Corporate Services Ltd offers corporate services, including company formation, trust, fiduciary and support functions such as back office and accountancy to clients globally from its offices in Malta. Carey Group Monaco, led by Stephane Postifferi, provides a range of services including trust administration, family office services, private wealth planning and administration.
Equiom’s Global Chief Executive Officer Sheila Dean commented: ‘Completing two deals within two days of each other is a tremendous achievement. It has been extremely challenging, however our acquisition team has really gone the extra mile to make these transactions happen. I want to give a particular mention to our Head of M&A – Europe, Nick Evans, who worked tirelessly to bring these two exciting opportunities to a conclusion. Both acquisitions will make excellent additions to Equiom, allowing us to develop our current service offering and expand our presence in Europe. The team at DF Corporate Services brings a suite of complementary services to our existing Maltese business, while Carey Group provides Equiom entry into a key jurisdiction and allows us to leverage further our market-leading yachting proposition. I am pleased to welcome both teams to the Equiom family; the client-centric service ethos and cultural compatibility complements Equiom perfectly and will enable us to raise the bar higher in terms of the service we offer to clients.’
The seven staff from DF Corporate Services Ltd will join Equiom Malta staff in a new office towards the end of the year. A total of 20 staff from Carey Group Monaco will join Equiom with immediate effect and the business will continue to operate from its Monaco location. The rebrand to Equiom will complete in the coming weeks.