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

This week, Vistra, a provider of advisory and administrative support to fund, corporate, capital market and private wealth clients, entered into a Sale and Purchase Agreement with MAS France, a Parisian provider of domiciliation, administration and directorship services in the real estate and private equity sectors.

This transaction will expand Vistra’s global footprint by entering the French market, making it the 47th jurisdiction in which Vistra operates and the 22nd jurisdiction in Europe, increasing Vistra’s solid market position, the firm said in a statement.

Welcoming the move, Steven van Tuijl, regional managing director, Europe, at Vistra said: “We have been providing corporate and fund administration services to clients all over the world for over 35 years and, with this transaction, Vistra will expand its corporate service capabilities, specifically for the real estate and private equity sector, benefiting clients who are looking to grow their business in France.”

“Becoming part of a world-class, leading global organisation like Vistra is a vision we’ve had for a very long time. Hence, we are thrilled for this next stage of our growth journey as we join the Vistra family,” added Pierre Dorier and Josefina Parisi of MAS France.

MAS France will be rebranded to Vistra France, with Dorier and Parisi remaining in the business, the firm added.