Announced
Completed
Financials
Tags
Acquisition
Private
Friendly
Ireland
Single Bidder
Majority
Completed
fund services
Asset Managers and Custodians
Cross Border
Synopsis
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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