M&A Deal Summary

Apex Group Acquires Custom House Global Fund Services

On August 13, 2018, Apex Group acquired financial services company Custom House Global Fund Services

Acquisition Highlights
  • This is Apex Group’s 3rd transaction in the Financial Services sector.
  • This is Apex Group’s 1st transaction in Malta.

M&A Deal Summary

Date 2018-08-13
Target Custom House Global Fund Services
Sector Financial Services
Buyer(s) Apex Group
Deal Type Add-on Acquisition

Target

Custom House Global Fund Services

Sliema, Malta
Custom House Global Fund Services Ltd. is a independent hedge fund administration specialist ideally located to deliver services in Europe, Asia and the Americas. We partner with established hedge fund managers, start up managers, family offices and institutional managers, with a combination of experience, global presence and technology. Founded in 1989, Custom House grew with the alternative investment industry providing superior fund administration and investor services and today provides one of the most advanced service offerings available to fund managers. With over $24bn in AUA, Custom House provides fund administration services to more than 200 managers and 500 investment funds.

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Buyer(S) 1

Buyer

Apex Group

Hamilton, Bermuda

Category Company
Founded 2003
Sector Financial Services
DESCRIPTION

Apex Group is a global financial services provider offering fund administration, corporate solutions, and capital market services across 50+ countries. Apex Group was founded in 2003 and is based in Hamilton, Bermuda.


DEAL STATS #
Overall 4 of 14
Sector: Financial Services M&A 3 of 9
Type: Add-on Acquisition M&A Deals 4 of 13
Country: Malta M&A 1 of 1
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-06 IPES

London, United Kingdom

IPES is a specialist fund administration company within the European private equity market. Ipes’ team of 265 people located in five European offices works with 195 clients and provides administration and depositary oversight to $165 billion of assets for 390 funds. Annual turnover has grown organically at a CAGR in excess of 13% for the previous ten years. Ipes’ growth has been driven by understanding the challenges facing investment managers, including increasing regulatory, reporting and investor demands, and developing innovative new services to help its clients succeed.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-31 Throgmorton UK

London, United Kingdom

Formed in 1999, Throgmorton UK Ltd. is a provider of finance, accounting, and administrative solutions based in London.

Buy -