Centralis Group, a global alternative asset and corporate services provider, today announced its acquisition of Admina Fund Services.
Centralis explained that it partners with alternative investment firms and corporate organizations offering administrative, global expansion and governance solutions catered to clients’ unique requirements.
Based in Luxembourg, with a presence in 12 countries and 16 locations globally, Centralis has established itself as an industry leading providing of customer-centric tailored services via 425+ highly experienced professionals.
Admina is an experienced provider of fund administration and corporate services based in the Channel Island of Guernsey.
Admina provides fund administration and company secretarial services to regulated and unregulated, “listed and unlisted closed ended limited partnerships, companies, trusts and foundations across multiple asset classes, including all related holding structures, management and carried interest vehicles.”
The acquisition will now aim to broaden Centralis’ presence within this jurisdiction and marketplace.
As Centralis continues its drive for growth and global expansion, Admina’s services provide Centralis with the opportunity to “expand its current servicing capabilities to additional clients.”
Admina’s current clients will also benefit from “access to Centralis’ existing service offering.’
The team at Admina reportedly have a solid reputation for their proactive client approach and bring additional expertise to the “flourishing” Centralis team.
Aidan Foley, CEO of Centralis commented that the acquisition of Admina is another important milestone for them as they expand their “breadth of services to our Alternative and Corporate client base.”
Foley further noted that Admina will take them into the important Channel Islands and also expand their fund administration capability.
Christine Whitehorne, Admina Director commented that this opportunity allows us to maintain their boutique approach, “offering highly personal levels of service together with the additional support and strength of a global network.”
Admina Director, Mark Hooton, added that they now look forward to this exciting development and to providing clients “with an even higher level of service and opportunity with Centralis.”
Mazars (UK) acted as financial and tax advisor to Centralis, Oben Regulatory (Jersey) with Carey Olsen (Guernsey) and Taylor Wessing (UK) served as legal & regulatory counsel.
Disruptive Capital acted as M&A advisor to Admina, and Ferbrache & Farrell served as legal counsel.
Founded back in 2006, Centralis is an outsourced corporate and alternative investment services provider.
Centralis is headquartered in Luxembourg with offices in Barbados, Bulgaria, Cayman Islands, Hungary, Ireland, the Netherlands, Spain, Switzerland, the UK, Uruguay, as well as the US.
Centralis specializes in providing corporate, treasury, fund, asset manager, compliance & regulatory reporting, debt administration and business support services to “multi-national organizations, private markets clients, international fund structures, real estate firms and regulated entities.”
Centralis employs 425+ professionals across 16 locations in 12 countries.