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Hawksford acquires fund services provider United Group Luxembourg
['Reporter', 'Deputy Editor']
Luxembourg Times
Hawksford has acquired the Luxembourg businesses of fund and corporate services provider United Group, as part of a European expansion.
The deal will “further strengthen Hawksford’s capabilities in the strategically important jurisdiction across a broad range of fund and corporate services, including accounting and administration, director services and tax and payroll services”, Hawksford said in a press release on Thursday.
“The acquisitions also build on Hawksford’s recently announced acquisitions of YT Group and Equiom in Luxembourg, bringing its headcount in the jurisdiction to more than 80,” Hawksford said in its press release.
Following the latest acquisitions, Hawksford now has around 700 staff globally.
“These latest acquisitions represent another milestone in our growth strategy in Europe, where we are focused on adding expertise and on extending our footprint at pace in high quality jurisdictions,” said Michel van Leeuwen, chief executive at Hawksford.