Oakford, which was founded in 2017, provides services focused on alternative fund clients, primarily hedge funds, private equity and real estate structures; aligning with Centralis’ existing service offering.

The acquisition will broaden Centralis’ presence within this market, with 40 employees joining from Oakford, resulting in Centralis becoming a prominent UK alternative asset manager and outsourced service provider with over 100 employees.

“With this new acquisition, Centralis are poised to further elevate our service expertise and capabilities,” Aidan Foley, CEO of Centralis Group said.

Mazars (UK) acted as financial and tax advisor to Centralis, and Taylor Wessing served as legal counsel. James Cowper acted as M&A advisor to Oakford, and Freeths served as legal counsel.