ATOZ Services announces the acquisition of Fund Solutions SCA
ATOZ Services announces the acquisition of Fund Solution SCA ATOZ Services, the Luxembourg-based service provider to alternative funds, has agreed to acquire 100% of Fund Solutions SCA. Fund Solutions SCA, also based in Luxembourg, provides outsourced fund administration services for listed and unlisted corporations, private equity and real estate funds. The completion of the transaction is subject to regulatory approvals.
ATOZ Services provides a full suite of corporate and tax compliance services to Luxembourg domiciled entities managed by alternative fund and corporate clients. Services include corporate administration; domiciliation & accounting; fund administration; and tax reporting services. ATOZ Services has over 1,000 clients, primarily in the illiquid alternative fund space, and services over 4,000 structures. The business employs close to 200 highly qualified and long-serving staff across its Luxembourg and Morocco offices.
The acquisition of Fund Solutions SCA is in line with ATOZ Services’ strategy of expanding its service lines for new and existing clients through a combination of continued strong organic growth and targeted M&A.
Jean-Michel Chamonard, Managing Partner of ATOZ Services, said:
“We are excited to welcome the staff and clients of Fund Solutions to the ATOZ Services family. Such clients will benefit from our scale and expertise across a range of fund services. At the same time, the acquisition builds on the ATOZ Services fund administration capabilities, which supports our large and growing alternative fund client base. The Fund Solutions team share our vision for the future, and we look forward to accelerating our organic and acquisition based growth strategy together.”