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New Deal


Announced

Completed

SGG Group completed the acquisition of Augentius.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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financial services

asset management

Asset Managers and Custodians

Guernsey

Private

Acquisition

Friendly

Private Equity

Completed

Single Bidder

Synopsis

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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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