Global service provider Hawksford has continued to strengthen its European capabilities with the acquisitions of United Group’s businesses in both Luxembourg and Malta.
The latest acquisitions represent another key step in strengthening Hawksford’s European footprint, expanding its proposition in Luxembourg, while also adding a new operation in Malta.
United Group’s fund services business in Luxembourg is licensed by the Commission de Surveillance du Secteur Financier (CSSF) and 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. It is managed by Co-Country Managing Directors Claude Crauser and Sinan Sar.
In Malta, the business is regulated by the Malta Financial Services Authority (MFSA) and offers a comprehensive range of corporate, private client and fund services, including entity formation, general administration, bookkeeping, company secretarial, trustee services and payroll services. The highly experienced team will continue to be led by Managing Director Mihai Cheregi.
Both acquisitions have received regulatory approval and are highly complementary to Hawksford’s growing corporate and fund services proposition in Europe. As well as adding a new jurisdiction in Malta, 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.
Combined, these recent acquisitions form part of Hawksford’s ongoing ambitious growth strategy, supported by STAR Capital. Hawksford now has a global presence with around 700 professionals in key locations across Europe, the Middle East and Africa (EMEA), Asia, and the Americas, providing tailored solutions to a global client base.
Michel van Leeuwen, Chief Executive at Hawksford, commented: “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. As well as further building our presence in Luxembourg, these acquisitions add Malta – another key European jurisdiction – to our global network, bolstering our capability in delivering cutting-edge expertise to support both the ambitions of global asset managers and the growth trajectories of international businesses.”
Updated on