Announced

Astorg-backed IQ-EQ to acquire Zenith Global.

Synopsis

Astorg-backed IQ-EQ, an investor services group, agreed to acquire Zenith Global, an independent service provider specialised in solutions for securitisation and structured finance transactions in Italy. Financial terms were not disclosed. "This investment marks another significant milestone in our global expansion strategy. It’s an exciting opportunity to secure a solid presence in a new key growth market, build upon Zenith’s established track record in securitisation solutions, and further strengthen our offering of comprehensive, end-to-end support services for the private markets globally. Together with our acquisition of AMAL Group in the ANZ market earlier this year, we’re really cementing our position as a global provider in the capital markets and structured finance space," Mark Pesco, IQ-EQ CEO.

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