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Deals Of The Day: The Latest In Wealth Management M&A

Editorial Staff

19 June 2018

Hawksford
Private client firm  has acquired People & Projects, a corporate service provider.

The financial terms of the deal were not disclosed.

P&P’s partners Stefano Passarello, Dario Acconci and Giacomo Stoppa will become shareholders in Hawksford and continue in senior management roles ensuring continuity for P&P’s longstanding client base.

The acquisition will give P&P clients access to Hawksford’s private client services, as the firm looks to increase its presence in Hong Kong and Singapore.

The transaction takes the corporate, private client and fund administration company’s global headcount to over 400, with 200 now based in Asia.

P&P has 140 employees operating out of ten offices in Hong Kong, Singapore, Shanghai, Guangzhou, Beijing, Changshu, Shenzhen, Tokyo, Milan and Barcelona.