M and A
Deals Of The Day: The Latest In Wealth Management M&A – ZEDRA
The latest mergers, acquisitions and other corporate actions in the wealth management sector.
ZEDRA
ZEDRA, a global
specialist in corporate services and global expansion,
active wealth and fund solutions, has acquired a second
independent UK professional pension trustee firm, Caledonian
Trustees Limited.
This acquisition, which follows those of Inside Pensions and PTL
in 2021, will raise ZEDRA’s presence in the UK pension
space, the firm said. Caledonian will sit alongside and report
through PTL, until both are fully integrated within ZEDRA in the
coming months.
Founded in 2006, Caledonian is a specialist provider of
professional independent trustee and secretarial services to
corporate pension and funeral plans.
Ivo Hemelraad, CEO, ZEDRA highlighted how the UK regulatory
system has become increasingly complex over recent years, as
have the demands of running a pension scheme. “This deal
further cements our offering and capabilities and is in line with
the strategic approach we are adopting in the UK market, and the
pensions governance sector specifically,” she said.
