Announced
Financials
Tags
fund distribution
Acquisition
Asset Managers and Custodians
Majority
Mbo
Single Bidder
Private Equity
Pending
Switzerland
Private
Friendly
Synopsis
Private equity firm Sovereign Capital Partners agreed to invest in the management buy-out of ACOLIN, a Switzerland-based provider of regulatory and cross-border fund distribution services. Financial terms were not disclosed. "We are delighted to be backing Daniel and his first-class management team as the business looks to its next stage of growth. We believe that through strategic Buy & Build, ACOLIN is well positioned to further develop its offering and geographic reach in this fragmented market," Alex Hay, Sovereign Partner.
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