Announced
Synopsis
Waystone Group, an asset servicing provider, agreed to acquire the Irish and UK businesses of Link Fund Solutions, a specialist provider of outsourced middle and back office administration, fund accounting services and custodial services, from Link Group, a record keeping technology and information solutions provider. Financial terms were not disclosed. “We believe that Waystone is uniquely positioned to take LFS forward, providing quality global solutions to support its fund sponsors, investment managers and their underlying investors. We look forward to fully supporting the LFS team and enabling them to focus on continuing to provide exceptional service,” Rachel Wheeler, Waystone CEO of Global Management Company Solutions.
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