The latest mergers, acquisitions and other corporate actions in the wealth management sector.

Zedra, Blackstones
Zedra, a specialist in active wealth, corporate and global expansion, fund solutions, pensions and incentives, has completed its acquisition of Blackstones, with offices across Poland.

Blackstones will become a fully-integrated part of Zedra, leading Zedra’s operations in Poland, the firm said in a statement.

Blackstones’ service offering includes accounting and reporting, HR and payroll, company formation and corporate services.

This latest acquisition will enhance Zedra’s strategy in the corporate and global expansion services space. Zedra will welcome 178 employees who have been providing these services through its offices in Warsaw, Katowice, Bialystok, Radom, Bydgoszcz and Torun.

This brings Zedra’s headcount to over 1,200 experts across 16 key locations spanning Asia, Oceania, the Americas and Europe.

Both organisations share the same core values, and their combined capabilities provide clients with access to a more diverse service offering, adding value and deepening client relationships.

“The combined extensive experience and knowledge will be a great asset as we look to further grow our Central European footprint and our corporate and global expansion capabilities,” Ivo Hemelraad, CEO at Zedra, said.