Announced

Astorg-backed IQ-EQ to acquire AMAL Group.

Synopsis

Astorg-backed IQ-EQ, an investor services group, agreed to acquire AMAL Group, a provider of corporate trust, agency services and loan servicing solutions. Financial terms were not disclosed. “This investment marks a significant milestone in our global expansion strategy, with an exciting opportunity to secure an important presence in two key new markets and take ownership of a leading corporate trustee, agency services and administration business," Mark Pesco, IQ-EQ Group CEO.

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