Alpha Growth completed the acquisition of Havelet Assignment Company.

Alpha Growth, a financial services specialist, completed the acquisition of Havelet Assignment Company, a Barbados-based financial services company specialising in settlement assignments. Financial terms were not disclosed. "I have been in the annuity sector for over 20 years and very familiar with the settlement assignment business. It's a consistently growing field given the amount of civil litigation in the US and awarding of large claims. Havelet is an ideal acquisition for Alpha as it will generate service fees on its own level and opens a channel for Providence to issue annuities and grow its fee-based assets under administration," Jason Sutherland, Alpha Non-Executive Director.