M and A
Equiom Completes Two Deals In Two Days

The financial terms of the deals were not disclosed.
International professional services provider Equiom has completed two
acquisitions in the European market. It completed its acquisition
of DF
Corporate Services, a licenced trustee and fiduciary company
based in Malta, on 26 September and that of Carey Group
Monaco, a trust and fiduciary business, on 28 September.
The seven staff from DF Corporate Services will join Equiom Malta
staff in a new office towards the end of this year. A total of 20
staff from Carey Group Monaco will join Equiom with immediate
effect and the business will continue to operate from its Monaco
location. The re-brand to Equiom will complete in the coming
weeks, the firm said in a statement.
DF Corporate Services offers corporate services, including
company formation, trust, fiduciary and support functions such as
back office and accountancy to clients globally from its offices
in Malta. Carey Group Monaco, led by Stephane Postifferi,
provides s0ervices including trust administration, family office
services, private wealth planning and administration.
"Completing two deals within two days of each other is a
tremendous achievement," said Equiom’s global chief
executive, Sheila Dean. "It has been extremely challenging,
however our acquisition team has really gone the extra mile to
make these transactions happen. I want to give a particular
mention to our head of M&A – Europe, Nick Evans, who worked
tirelessly to bring these two exciting opportunities to a
conclusion. Both acquisitions will make excellent additions to
Equiom, allowing us to develop our current service offering and
expand our presence in Europe."
Dean added: "The team at DF Corporate Services brings a suite of
complementary services to our existing Maltese business, while
Carey Group provides Equiom entry into a key jurisdiction and
allows us to leverage further our market-leading yachting
proposition. I am pleased to welcome both teams to the Equiom
family; the client-centric service ethos and cultural
compatibility complements Equiom perfectly and will enable us to
raise the bar higher in terms of the service we offer to clients.
I thank our equity partners LDC and our legal advisers Gowling
WLG for their valued input and support throughout the
process."
The financial terms of the deals were not disclosed.
There have been many mergers and acquisitions over the last few
weeks, and
Ray Soudah, founder of MilleniumAssociates spoke to this
publication recently about the future of the industry
surrounding M&A deals.