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Announced

Completed

MJ Hudson Group completed the acquisition of Bridge Consulting & Subsidiaries for €12m.

Financials

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Transaction Value£10m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

Friendly

Ireland

Single Bidder

Majority

Completed

fund services

Asset Managers and Custodians

Cross Border

Synopsis

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International asset management consultancy MJ Hudson Group completed the acquisition of Bridge Consulting & Subsidiaries, a funds service provider based in Ireland, for €12m. "The acquisition of Bridge Group is a key milestone for MJ Hudson´s Manco and regulatory platform offering. It means we can now offer clients representation in each of the principal UK and European fund centres as Brexit approaches. Together with our equivalent London, Luxembourg and Channel Islands offerings, MJ Hudson is now one of the largest independent (not part of banking group) regulatory platforms for asset management clients, and especially alternatives. The acquisition also gives us an extended Manco capability and a timely UCITs platform that complements our AIFM platforms in the UK, Luxembourg and Guernsey," Matthew Hudson, MJ Hudson CEO.

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