ATOZ Services announces the acquisition of Seles Limited

By Holly Whatling for ATOZ Services, November 15 2024
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ATOZ Services announces the acquisition of Seles Limited

ATOZ Services, a Luxembourg-based service provider to alternative funds, is pleased to announce the acquisition of Seles Limited, a UK based accountancy firm specialising in real assets. This strategic acquisition is set to enhance ATOZ Services’ capabilities and broaden its service offering for clients in the real estate sector both in Luxembourg and internationally.

Located in the heart of London, Seles Limited has built a strong reputation for its comprehensive suite of services tailored to the unique needs of real estate companies. By integrating Seles’ expertise and innovative technology into its operations, ATOZ Services aims to deliver an even higher level of service and efficiency to its clients.

This acquisition, as part of ATOZ Services strategy to become a partner of choice in the alternative fund sector, follows their recent Luxembourg-based acquisitions of ME Business Solutions and Fund Solutions earlier this year.

Jean-Michel Chamonard, Managing Partner of ATOZ Services, said: “This acquisition aligns perfectly with our mission to provide best-in-class services to our clients in multiple jurisdictions. The addition of Seles’ expertise will allow us to better serve the evolving needs of the real assets market and enhance our operational capabilities. This acquisition will allow us to leverage Seles’ deep industry knowledge, providing clients with enhanced financial reporting, financial control management and accounting solutions.”

“We believe that joining ATOZ Services will create significant opportunities for our clients and team,” said Ryan Seligmann, CEO of Seles Limited. “Together, with our client focussed approach, we will be able to offer a more robust suite of services and innovative solutions that meet the growing demands of our clients.”

The transaction was successfully finalised last week, with both companies committed to ensuring a seamless transition for their clients and stakeholders.

About ATOZ Services
ATOZ Services was formed in 2018 as part of the ATOZ Group, which itself was founded in 2004 by a group of Partners and their teams, formerly of Andersen and E&Y, with the creation of the advisory firm, ATOZ Tax Advisers, now one of the leading Luxembourg providers of a comprehensive range of tax solutions.

ATOZ Services serves over 1,000 clients, primarily in the alternative asset management, and manages over 4,000 structures. The company employs nearly 200 highly qualified and longserving staff across its offices in Luxembourg and Morocco. In 2023, ATOZ Services received growth investment from financing partner, ICG, with the ATOZ Group remaining material shareholders.
www.atoz-services.lu

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