Announced
Completed
Financials
Sources
Tags
financial services
asset management
Asset Managers and Custodians
Guernsey
Private
Acquisition
Friendly
Private Equity
Completed
Single Bidder
Synopsis
SGG Group, a global investor services firm providing a comprehensive range of compliance, administration, asset and advisory services to alternative investment funds, international companies, international families and entrepreneurs, completed the acquisition of Augentius. Financial terms were not disclosed. This acquisition reinforces SGG's position as the world’s fourth largest independent investor services firm and one of the top three independent administrators to the global alternative investment community, with the deal growing our total assets under administration to over $400bn. "This is a hugely exciting time for our combined business and everyone within it, and especially for our clients. We have found in SGG a partner that shares our values and our drive to build a sustainable business providing the highest quality of service to fund managers and their investors. The remaining Augentius executive team has re-invested in the combined business as we strongly believe in the future of this firm. We look forward to working closely with our new colleagues to bring our combined business to new heights," Ian Kelly, Augentius Managing Director of UK and Ireland and former CEO and Executive Director.
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