TMF Group completed the acquisition of PartnersAdmin.

TMF Group, a provider of global administrative services, completed the acquisition of PartnersAdmin, a full-service outsourced fund administration provider. Financial terms were not disclosed. “This deal reflects how attractive the North American market is due to its concentration of private equity firms and ease of doing business, as reported in our Global Business Complexity Index. This is our second US acquisition in the fund administration space and besides bolstering our presence in North America and complementing our existing footprint, it will expand our offering to our national and international clients. We are looking forward to welcoming everyone from PartnersAdmin into TMF Group,” Lisa Wilcox, TMF Group North America Market Leader.