The acquisition will strengthen Suntera's UK Fund Services proposition, particularly in the open-ended and liquid funds market, and will broaden the Group's Appointed Representative (AR) and delegated fund management capabilities.

Founded in 2015, Thornbridge supports fund managers through a range of AR and delegated fund management services, including combined solutions, as well as compliance support and related regulatory infrastructure.

Thornbridge is also registered with the National Futures Association as a commodity pool operator and commodity trading advisor through, and owns the core share in, Fundline PCC Limited, a Guernsey-incorporated entity already administered by Suntera.

The acquisition adds an experienced team of 13 professionals in the UK, as well as a number of external consultants and advisors.

Schweizer Treuhand, excent AG
. excent was founded in 2006 by Maximilian A Friedery, chairman of the board of directors, and Bruno Eugster, member of the board of directors and CEO. With offices in Zug, Zurich and Wollerau, about 22 employees serve corporate and private clients in the areas of payroll, accounting, tax, virtual office services and corporate advisory. excent is a boutique service provider, combining a digital approach with dedicated personal contacts and a deep understanding of its clients' needs.

“Schweizer Treuhand Holding brings together independent fiduciary firms that combine their strengths while preserving their individual identities. This is an excellent fit for us. It enables us to take the next step in our growth journey and position excent for long-term stability and success," Friedery said.