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Announced

Completed

Waystone completed the acquisition of Centaur Fund from FTV Management.

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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Single Bidder

Domestic

Friendly

Majority

Acquisition

Ireland

Asset Managers and Custodians

fund management

Private Equity

Private

Completed

Synopsis

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Waystone, an institutional provider of services to the asset management industry, completed the acquisition of Centaur Fund, an established global fund administration and fiduciary services provider, from FTV Management, a growth equity investment firm. Financial terms were not disclosed. “As we look at the next phase of our growth, joining together with Waystone is the logical option, being an Irish headquartered global financial services firm, client centric and with an institutional fund manager book. The Centaur team is delighted to be joining Waystone on their growth trajectory and look forward to being able to provide fund administration services to Waystone clients, whilst still providing our existing clients with the same quality and focus as they have come to expect from us," Ronan Daly, Centaur Founding Partner.

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